Karachi, February 2, 2026 – The State Bank of Pakistan (SBP) has published the daily Karachi Interbank Offered Rate (KIBOR) for Monday, February 2, 2026, to guide banks, businesses, and financial consumers in pricing loans and other credit facilities.
(more…)Author: Faisal Shahnawaz
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Pakistan’s headline inflation rises 5.8% in January 2026
Islamabad, February 2, 2026 – Pakistan’s headline inflation increased by 5.8% in January 2026, according to the Pakistan Bureau of Statistics (PBS). The rise reflects ongoing price pressures in both urban and rural areas across the country.
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KSE-100 index gains 883 points amid volatile trading session
Karachi, February 2, 2026 – The KSE-100 index of the Pakistan Stock Exchange (PSX) rose by 883 points on Monday, closing at 185,057 points, up from last Friday’s close of 184,174 points, amid a volatile trading session.
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Private sector bank borrowing plunges 39% in 7MFY26 despite SBP rate cut
Karachi, February 2, 2026 – Bank borrowing by Pakistan’s private sector fell sharply by 39% during the first seven months of the current fiscal year (July 2025–January 2026), despite a substantial cut in the State Bank of Pakistan (SBP) benchmark interest rate, according to data released on Monday.
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SBP Announces Interbank Foreign Currency Rates for February 2, 2026
Karachi, February 2, 2026 – The State Bank of Pakistan (SBP) has released the updated interbank foreign currency rates for Monday, February 2, 2026, to guide banking consumers and facilitate smooth currency transactions. These rates serve as a benchmark for commercial banks and businesses involved in foreign exchange operations.
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NBP extends banking facility restructuring offer to Hascol Petroleum
Karachi, February 2, 2026 — The National Bank of Pakistan (NBP) on Monday issued an offer letter to Hascol Petroleum Limited regarding the restructuring and rescheduling of its banking facilities and financial accommodations.
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Bitcoin rate falls against US dollar and Pakistani rupee – February 2, 2026
Bitcoin prices continued their downward slide on Monday, weakening against both the US dollar and the Pakistani rupee as selling pressure persisted in the global cryptocurrency market. The leading digital asset has now posted sharp losses over the past week and month, reflecting heightened volatility and cautious investor sentiment.
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Pak Suzuki to Launch Locally Assembled Fronx Hybrid SUV in May 2026
Pak Suzuki Motor Company is set to launch the locally assembled Suzuki Fronx Hybrid SUV in May 2026, marking the company’s entry into the brand-new XUV (Cross Utility Vehicle) segment in Pakistan.
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Pakistan to participate in T20 World Cup 2026, will boycott India match
Lahore, February 1, 2026 — The Government of Pakistan has granted conditional approval for the national cricket team to participate in the ICC T20 World Cup 2026. The announcement followed a high-level meeting between Prime Minister Shehbaz Sharif and Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi.
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KIA Motor Pakistan Teases Big Surprise for Owners on 7 February, 2026
KIA Motor Pakistan has sparked fresh excitement among car enthusiasts and existing customers by teasing an upcoming surprise that promises something special for KIA owners across the country.
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