On June 25, 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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England triumph over India in epic first Test clash at Headingley
England have claimed a thrilling five-wicket victory over India in the first Test of the Anderson-Tendulkar Trophy 2025, setting the tone for what promises to be an unforgettable series.
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Car imports to spur local industry, boost quality standards: SAPM
Islamabad, June 24, 2025 – Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, has emphasized that the liberalization of car imports will play a crucial role in compelling local auto manufacturers to elevate their quality standards.
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Toyota dream car art contest returns to Pakistan after 5-year hiatus
June 24, 2025 – The Toyota Dream Car Art Contest made a grand return to Pakistan after a five-year pause, reigniting the spirit of creativity among thousands of young minds.
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Car dealers welcome allowing commercial import of vehicles
Islamabad, June 24, 2025 – Car dealers across Pakistan have lauded the government’s decision to permit the commercial import of vehicles, marking a positive shift in the country’s import policy framework.
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KIBOR – Karachi Interbank Offered Rates on June 24, 2025
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Tuesday, June 24, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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Rupee recovers against dollar after 10-session losing streak
Karachi, June 24, 2025 – The Pakistani rupee posted a mild recovery against the US dollar on Tuesday, snapping a 10-session losing streak that had been exacerbated by geopolitical tensions and domestic uncertainty.
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SBP releases foreign currency rates for June 24, 2025
On June 24, 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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KIA Picanto Available in Monthly Instalments Starting Rs 65,216
KIA Pakistan, in collaboration with Askari Bank, has launched an exclusive rental plan to make owning the popular Kia Picanto more affordable and accessible.
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Toyota Launches Land Cruiser Hybrid 48V in Europe
Toyota is ushering in a new chapter for its legendary Land Cruiser with the introduction of the Land Cruiser Hybrid 48V in Europe.
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