Karachi, December 13, 2025 – The State Bank of Pakistan (SBP) has introduced revised maximum remuneration limits for directors attending board and committee meetings of banks and Development Finance Institutions (DFIs).
(more…)Author: Faisal Shahnawaz
-
Aurangzeb appreciates Standard Chartered Bank’s continued support to Pakistan
Islamabad, December 12, 2025 — Finance Minister Muhammad Aurangzeb on Friday commended Standard Chartered Bank for its sustained support to Pakistan’s economic stabilization and reform agenda, particularly during the negotiation and implementation of the Extended Fund Facility (EFF).
(more…) -
PKE vs USD: Rupee strengthens 4 paisa against dollar in interbank market
Karachi, December 12, 2025 – The Pakistani rupee showed signs of stability on Friday, gaining 4 paisa against the US dollar in the interbank foreign exchange market, according to currency dealers and the State Bank of Pakistan (SBP).
(more…) -
New Zealand defeat West Indies by 9 wickets, wrap up Wellington Test in three days
Wellington, December 12, 2025 – New Zealand secured a commanding 9-wicket victory over the West Indies in the second Test at Cello Basin Reserve, Wellington, wrapping up the match in just three days. With this win, the Kiwis take an unassailable 1-0 lead in the three-match series, with the final Test scheduled to begin on December 18th at 3:30 AM IST (10 PM GMT, previous day).
(more…) -
SBP releases updated daily currency exchange rates for December 12, 2025
Karachi, December 12, 2025 – The State Bank of Pakistan (SBP) has published the latest daily currency exchange rates for Friday to provide guidance to banking consumers, traders, importers, exporters, and other financial stakeholders.
(more…) -
COMSATS launches indigenous electric conversion kits for petrol vehicles in Pakistan
Islamabad, December 11, 2025 – The Commission on Science and Technology for Sustainable Development in the South (COMSATS) has unveiled Pakistan’s first locally developed Electric Vehicle (EV) technology, designed in collaboration with technology partner AGECO (Pvt.) Ltd.
(more…) -
SBP issues updated KIBOR rates for December 11, 2025
Karachi, December 11, 2025 – The State Bank of Pakistan (SBP) has released the latest Karachi Interbank Offered Rates (KIBOR) for Thursday, providing updated reference rates for banks, financial institutions, and customers involved in interbank lending and borrowing.
(more…) -
Pakistan’s weekly foreign exchange reserves increase by $23 million: SBP
Karachi, December 11, 2025 – The State Bank of Pakistan (SBP) on Thursday released its weekly update on the country’s foreign exchange reserves, reporting a slight but encouraging rise of $23 million for the week ending December 5.
(more…) -
PSX marred by profit-taking, KSE-100 index sheds 877 points
Karachi, December 11, 2025 – The Pakistan Stock Exchange (PSX) witnessed a notable downturn on Thursday as investors engaged in broad-based profit-taking, causing the benchmark KSE-100 Index to fall by 877 points.
(more…) -
SBP Issues Updated Currency Exchange Rates for December 11, 2025
Karachi, December 11, 2025 – The State Bank of Pakistan (SBP) on Thursday published the latest daily currency exchange rates to assist the public, financial institutions, and businesses in conducting foreign currency transactions.
(more…)