On January 29, 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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ICMAP Pushes SBP for Faster Interest Rate Reduction Plan
Karachi, January 29, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has called upon the State Bank of Pakistan (SBP) to take a bolder and more proactive approach in reducing the policy rate, emphasizing the need for decisive action to stimulate economic growth and investment.
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Bitcoin (BTC) Price Today – January 29, 2025
On January 29, 2025, the latest exchange rates of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Ripple (XRP) Price Today – January 29, 2025
On January 29, 2025 the latest exchange rates of Ripple (XRP) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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Dogecoin (DOGE) Price Today – January 29, 2025
On January 29, 2025, the latest exchange rates of Dogecoin (DOGE) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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England Beat India in 3rd T20I to Keep Series Alive
January 28, 2025 – England stormed back into the T20I series with a commanding 26-run victory over India in the third match of the five-game series. This victory narrowed India’s lead to 2-1, setting the stage for an exciting finish with two matches still to play.
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KIBOR – Karachi Interbank Offered Rates on January 28, 2025
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Tuesday, January 28, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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Punjab Extends Deadline for Motor Vehicle Tax Payments
Lahore, January 28, 2025 – The Punjab Excise and Taxation Department has announced an extension to the deadline for motor vehicle tax payments, providing vehicle owners additional time to clear their dues.
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PKR to USD: Rupee Dips to 278.93 Against Dollar in Interbank
Karachi, January 28, 2025 – The Pakistani rupee continued its downward trajectory on Tuesday, falling to PKR 278.93 against the US dollar in the interbank foreign exchange market.
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Kia Recalls Vehicles Due to Airbag Malfunction Risks
Kia has announced a major recall of approximately 80,225 Niro electric, hybrid, and plug-in hybrid vehicles in the United States. The recall is due to a potential defect in the wiring harness located beneath the front passenger seat, which could be damaged during manual seat adjustments. This defect poses serious safety risks, including:
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