The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Friday, December 6, 2024, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
(more…)Author: Faisal Shahnawaz
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Rupee Declines to PKR 278.01 Amid Weekend Dollar Demand
Karachi, December 6, 2024 – The Pakistani rupee slipped to PKR 278.01 against the US dollar on Friday, driven by increased dollar demand for imports and corporate payments ahead of the weekend, currency dealers reported.
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SBP Issues Foreign Exchange Rates for December 6, 2024
Today, December 6, 2024, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions.
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PAK Vs BAN: Bangladesh Beat Pakistan to Move U19 Cup Final
Bangladesh Under-19 cricket team advanced to the final of the ACC Men’s U19 Asia Cup 2024 after defeating Pakistan U19 by a convincing seven wickets in the first semifinal held on Friday. The match saw Bangladesh chase down Pakistan’s modest target of 117 runs in just 22.1 overs, showcasing a dominant performance.
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Banks Gear Up for Profit Boost Amid SBP Reform: Analysis
Karachi, December 6, 2024 – Conventional banks in Pakistan are preparing for a potential profit surge following the State Bank of Pakistan’s (SBP) upcoming changes to the profit calculation framework for savings accounts, set to take effect on January 1, 2025.
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Haval H6 HEV Price in Pakistan for December 2024
The Haval H6 HEV is quickly gaining traction among Pakistani car enthusiasts due to its cutting-edge lightweight technology, which significantly boosts fuel efficiency.
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PAK Vs BAN: Pakistan Struggle in Semifinal U19 Asia Cup 2024
Pakistan is facing a tough challenge against Bangladesh in the first semi-final of the ACC Men’s U19 Asia Cup 2024, currently underway at the Dubai International Cricket Stadium. The match has seen Bangladesh gain an early upper hand, putting Pakistan U19 in a precarious position.
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Hyundai Tucson Gets Dark Makeover with Price Drop in Pakistan
Hyundai Pakistan has introduced an exciting update for its popular crossover SUV, the Hyundai Tucson, offering a fresh and stylish option for fans of modern design.
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SA Vs PAK: Schedule of Pakistan and South Africa T20I Series
South Africa and Pakistan are all set to face off in an exciting three-match T20I series starting December 10, 2024. The series marks the beginning of Pakistan’s highly anticipated tour of South Africa, which runs until January 7, 2025, featuring T20Is, ODIs, and Test matches.
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Ripple (XRP) Sees Strong Growth Despite Weekly Fluctuations
Ripple (XRP) has demonstrated significant growth over the past year, with noticeable fluctuations during the last week. As of December 6, 2024, 1 XRP is valued at $2.31 USD, reflecting a 7-day increase of $0.40 (+20.94%).
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