The State Bank of Pakistan (SBP) has released the latest Karachi Interbank Offered Rates (KIBOR) for all major tenors, effective as of January 13, 2023. The updated KIBOR rates serve as a benchmark for lending in the interbank market and are closely watched by banks, borrowers, and financial institutions for making short- to long-term financial decisions.
(more…)Author: Faisal Shahnawaz
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Pakistan stocks plunge by 480 points on last weekly trading day
KARACHI: Pakistan stocks fell by 480 points on the last weekly trading day on Friday due to political uncertainty.
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Rupee ends firmer despite sharp decline in foreign exchange reserves
KARACHI: Pakistani Rupee (PKR) ended firmer against the dollar on Friday despite sharp decline in foreign exchange reserves of the country.
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SBP’s weighted average customer exchange rates on January 13, 2023
KARACHI: On Friday, the State Bank of Pakistan (SBP) released the foreign exchange rates for January 13, 2023.
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Pak Suzuki shuts down automobile plant till Jan 20
KARACHI: Pak Suzuki Motor Co. Limited on Friday announced shut down of its automobile plant till January 20, 2023.
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Bitcoin to PKR, USD on January 13, 2023
KARACHI: The exchange rate of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) on January 13, 2023.
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Ripple to PKR, USD on January 13, 2023
KARACHI: The exchange rate of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) on January 13, 2023.
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Dogecoin to PKR, USD on January 13, 2023
KARACHI: The exchange rate of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) on January 13, 2023.
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Engro LNG terminal helps Pakistan to save over $3 billion through import substitution
KARACHI: Engro LNG Terminal has helped Pakistan to save around $3 billion through import substitution of furnace oil, according to a statement issued Thursday.
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Suzuki unveils EV concept model eVX
Suzuki unveiled the EV concept model eVX at the Maruti Suzuki Pavilion at Auto Expo 2023. The world premiere of the SUV was held in suburbs of Delhi, India.
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