FOMC Holds Interest Rates Steady Amid Solid Economic Growth and Elevated Inflation
In its latest policy meeting, the Federal Open Market Committee (FOMC) has opted to maintain the federal funds rate within…
Finance Minister Aurangzeb Begins UK Visit to Strengthen Economic Partnerships and Attract Tech and Investment Flows
London, May 7, 2025 — Senator Muhammad Aurangzeb, Pakistan’s Minister for Finance and Revenue, arrived in London on Tuesday to…
PSX Reverses Early Rally, Ends 500 Points Down Amid Regional Tensions and Investor Caution
Karachi, May 7, 2025 — The Pakistan Stock Exchange (PSX) experienced heightened volatility on Tuesday as early gains failed to…
Pakistan’s Latest Open Market Currency Exchange Rates – May 7, 2025
Karachi, May 7, 2025 — As the foreign exchange market in Pakistan remains sensitive to global financial shifts and domestic…
SBP Issues Official Foreign Currency Exchange Rates for May 7, 2025, to Guide Trade and Financial Transactions
Karachi, May 7, 2025 — The State Bank of Pakistan (SBP) has issued the official foreign currency exchange rates for…
Pakistani Rupee Declines to PKR 281.47 Against US Dollar Amid Economic and Geopolitical Pressures
Karachi, May 7, 2025 — The Pakistani rupee recorded another depreciation on Wednesday, closing at PKR 281.47 against the US…
National Bank of Pakistan Releases Official Foreign Exchange Rates for May 6, 2025
The National Bank of Pakistan (NBP), through its Treasury Management Division, released the official foreign exchange rates applicable for Tuesday,…
Bank AL Habib Gets Central Bank of Kenya’s Nod to Close Nairobi Representative Office
Bank AL Habib Limited (PSX: BAHL) has officially received authorization from the Central Bank of Kenya to close its representative…
SBP Issues Official Foreign Exchange Rates for May 6, 2025 Amid Global Currency Fluctuations
The State Bank of Pakistan (SBP) has released its official foreign currency exchange rates for May 6, 2025, offering a…
Pakistani Rupee Slides 15 Paisa Against US Dollar Amid Broad Currency Pressure
The Pakistani rupee (PKR) posted a modest decline against the US dollar on Tuesday, depreciating by 15 paisa or 0.05%…