Karachi, September 6, 2023 – In a significant move aimed at fortifying the financial stability of exchange companies in Pakistan, the State Bank of Pakistan (SBP) announced on Wednesday that it would be raising the minimum paid-up capital requirement for these entities from PKR 200 million to PKR 500 million.
(more…)Author: Faisal Shahnawaz
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Pakistan Stock Market Ends in Green Amid PKR Recovery
Karachi, September 6, 2023 – The Pakistan stock market concluded on a positive note on Wednesday, posting a gain of 316 points. This uptick in market performance was attributed to improved sentiments following the recovery of the Pakistani Rupee (PKR) against the US dollar.
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Drastic Decline in Gold Rates in Pakistan Amid PKR Recovery
Karachi, September 6, 2023 – Gold rates in Pakistan witnessed a significant and drastic fall on Wednesday, primarily attributed to the substantial recovery of the Pakistan Rupee (PKR) and a decline in international markets.
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Karachi Interbank Offered Rates KIBOR – September 6, 2023
KARACHI: The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors as of September 6, 2023.
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KIA Pakistan Raises Car Prices Up to Rs350,000
In response to the persistent economic challenges stemming from the depreciation of the Pakistani Rupee against the US Dollar, KIA Motors Pakistan has made the decision to adjust its vehicle prices, effective from September 06, 2023.
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Toyota Unveils Luxurious Century SUV Model
Toyota Motor Corporation has just introduced its latest Century SUV model, available for orders starting today. This remarkable addition to the Century lineup is set to make its grand debut in 2023, while the iconic Century sedan will continue to be offered.
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PKR Recovers Against US Dollar in Volatile Interbank Trading
Karachi, September 6, 2023 – The Pakistani Rupee (PKR) showed signs of recovery by gaining 12 paisas against the US dollar in a highly volatile trading session in the interbank foreign exchange market on Wednesday.
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Pakistan Extends Redemption Deadline for Unregistered Prize Bonds
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SBP Releases Foreign Currency Rates in Pakistani Rupee for September 6, 2023
Karachi, September 6, 2023: The State Bank of Pakistan (SBP) on Wednesday issued foreign currency rates for September 6, 2023.
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Bitcoin Price Today in Pakistani Rupee – BTC to PKR on September 06, 2023
On September 06, 2023 the exchange rates of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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