The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Monday, June 23, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
(more…)Author: Faisal Shahnawaz
-
PSX falls sharply as Iran-Israel conflict shakes investor confidence
Karachi, June 23, 2025 – The Pakistan Stock Exchange (PSX) endured a severe blow on Monday, plummeting by 3,856 points as rising geopolitical tensions from the escalating conflict between Iran and Israel sent shockwaves across global financial markets.
(more…) -
Rupee extends losing streak against dollar amid fiscal pressure
Karachi, June 23, 2025 – The Pakistani rupee continued to weaken against the dollar on Monday, marking its 10th consecutive session of losses in the interbank market.
(more…) -
SBP releases foreign currency rates for June 23, 2025
On June 23, 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…) -
BYD Atto 3 Breaks Million Sales, Dominates EV Market
The BYD Atto 3 electric SUV has officially crossed the one million global sales mark, highlighting its immense popularity across international markets.
(more…) -
KIA Pakistan Launches EMI Plan for All-New Sorento 3.5L V6
KIA Pakistan has officially launched an exclusive shariah-compliant EMI plan for the all-new Sorento 3.5L V6, making premium SUV ownership more accessible for salaried individuals.
(more…) -
BYD Confirms No Solid-State Battery for Seal Sedan
Chinese electric vehicle manufacturer BYD has officially denied circulating online rumors suggesting that its much-anticipated solid-state battery technology would be introduced in the BYD Seal electric sedan.
(more…) -
Zeekr 009 MPV Set to Revolutionize Pakistan’s Auto Market
Capital Smart Motors (CSM) is gearing up to introduce the Zeekr 009 electric MPV in Pakistan, signaling a major leap in the nation’s electric vehicle (EV) journey.
(more…) -
Price of Hyundai Sonata N Line in Pakistan from June 2025
The Hyundai Sonata N Line is a high-end sedan engineered to deliver a refined mix of sporty aesthetics, advanced technology, and thrilling performance.
(more…) -
Price of Toyota Corolla Cross Hybrid in Pakistan from June 2025
As of June 2025, the locally assembled Toyota Corolla Cross Hybrid continues to attract strong interest from Pakistani consumers.
(more…)