Karachi, June 18, 2025 – The Pakistan Stock Exchange (PSX) endured a lackluster trading session on Wednesday as the escalating Iran-Israel conflict continued to dampen investor sentiment and increase uncertainty across financial markets.
(more…)Author: Faisal Shahnawaz
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KIBOR – Karachi Interbank Offered Rates on June 18, 2025
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Wednesday, June 18, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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PKR vs USD June 18, 2025: rupee continues decline against dollar
Karachi, June 18, 2025 – The Pakistani rupee continued its downward trend against the US dollar on Wednesday, primarily due to mounting geopolitical tensions and rising global oil prices. The rupee slipped by 14 paisas, closing at PKR 283.55 against the dollar in the interbank market, compared to the previous day’s rate of PKR 283.41.
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SBP releases foreign currency rates for June 18, 2025
On June 18, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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River Plate Shines as European Giants Stumble in Club World Cup
The FIFA Club World Cup delivered a dramatic mix of results on Tuesday, with South American giants River Plate opening their campaign with an emphatic win, while European heavyweights Borussia Dortmund and Inter Milan were held to disappointing draws.
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Sergio Ramos Scores as Monterrey Hold Inter Milan Draw
In an electrifying opener to Group E of the FIFA Club World Cup, CF Monterrey held Inter Milan to a 1-1 draw, with veteran defender Sergio Ramos making a statement against the UEFA Champions League runners-up.
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Netherlands Defeat Nepal in Historic Triple Super Over Thriller
The Netherlands emerged victorious over Nepal in a record-breaking encounter that witnessed not one, not two, but three Super Overs — a first in the history of Twenty20 or any limited-overs international cricket.
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Pak Suzuki raises alarm over increased taxation on small cars
Islamabad, June 18, 2025 – Pak Suzuki Motor Company has raised serious concerns regarding the proposed increase in sales tax on small cars under 850cc, warning that such a move could severely impact both consumers and the broader automotive sector.
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KIBOR – Karachi Interbank Offered Rates on June 17, 2025
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Tuesday, June 17, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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Students Await CAIE Response After Alleged A Level Paper Leaks
Students in Pakistan continue to wait anxiously for a response from Cambridge Assessment International Education (CAIE) following alleged leaks of O and A Level exam papers.
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