On May 30, 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.
(more…)Author: Faisal Shahnawaz
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PAK vs BAN: Pakistan eye to seal T20I series against Bangladesh
Lahore, May 30, 2025 – Cricket fever is reaching explosive levels as Pakistan gets ready to lock horns with Bangladesh in the second T20I of a thrilling three-match series.
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Cryptocurrency remains illegal in Pakistan: SBP
ISLAMABAD: The State Bank of Pakistan (SBP) and the Ministry of Finance officially reiterated on Thursday that cryptocurrency is not legal tender in Pakistan.
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Carlos Alcaraz advances to third round at French Open 2025
Reigning French Open men’s singles champion Carlos Alcaraz continued his title defense with a commanding performance in the second round on Wednesday.
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England dominate West Indies with 238-run victory in first ODI
England crushed West Indies by a massive 238-run margin in the opening One-Day International (ODI) of the three-match series, played on Thursday.
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England unleash batting storm, hit 400 in West Indies first ODI
England delivered a commanding performance in the first ODI of the three-match series against the West Indies, posting a staggering total of 400/8. It was a statement of intent from a side looking to dominate the limited-overs format once again. Right from the first ball, England’s batters approached the innings with aggression and clarity, making full use of a favorable batting track and a wayward West Indian bowling attack.
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KIBOR – Karachi Interbank Offered Rates on May 29, 2025
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Thursday, May 29, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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PSX rallies with 638-point surge amid strong investor participation
Karachi, May 29, 2025 – The Pakistan Stock Exchange (PSX) witnessed a robust rally on Thursday as the benchmark KSE-100 index surged by 638 points, closing the session at 118,971 points.
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Zeekr X Electric SUV Launching Soon in Pakistan
Capital Smart Motors is preparing to introduce the all-electric Zeekr X SUV to the Pakistani market, marking a significant move in the country’s growing EV landscape.
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Riddara RD6 EV Pickup Set to Launch in Pakistan in August 2025
Pakistan’s automotive industry is gearing up for a major leap in sustainable mobility with the anticipated launch of the Riddara RD6 electric pickup truck in August 2025.
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