MG Pakistan has announced a new instalment plan for its MG HS PHEV, offering customers the option to purchase the plug-in hybrid SUV with monthly payments starting from Rs 136,500.
(more…)Author: Faisal Shahnawaz
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Chery Master Increases Tiggo 8 PHEV Price from February 2026, Confirms Delivery Timeline
Chery Master Pakistan has officially announced a price increase for the Chery Tiggo 8 PHEV, effective February 2, 2026, following the conclusion of its limited-time introductory pricing campaign.
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Pakistan’s exports surge 35% in January 2026, trade deficit narrows sharply
Islamabad, February 2, 2026 — Pakistan’s exports recorded a strong rebound in January 2026, rising 35% month-on-month, according to the latest data released by the Pakistan Bureau of Statistics (PBS) on Monday.
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SBP Releases Daily KIBOR Rates for February 2, 2026
Karachi, February 2, 2026 – The State Bank of Pakistan (SBP) has published the daily Karachi Interbank Offered Rate (KIBOR) for Monday, February 2, 2026, to guide banks, businesses, and financial consumers in pricing loans and other credit facilities.
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Pakistan’s headline inflation rises 5.8% in January 2026
Islamabad, February 2, 2026 – Pakistan’s headline inflation increased by 5.8% in January 2026, according to the Pakistan Bureau of Statistics (PBS). The rise reflects ongoing price pressures in both urban and rural areas across the country.
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KSE-100 index gains 883 points amid volatile trading session
Karachi, February 2, 2026 – The KSE-100 index of the Pakistan Stock Exchange (PSX) rose by 883 points on Monday, closing at 185,057 points, up from last Friday’s close of 184,174 points, amid a volatile trading session.
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Private sector bank borrowing plunges 39% in 7MFY26 despite SBP rate cut
Karachi, February 2, 2026 – Bank borrowing by Pakistan’s private sector fell sharply by 39% during the first seven months of the current fiscal year (July 2025–January 2026), despite a substantial cut in the State Bank of Pakistan (SBP) benchmark interest rate, according to data released on Monday.
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SBP Announces Interbank Foreign Currency Rates for February 2, 2026
Karachi, February 2, 2026 – The State Bank of Pakistan (SBP) has released the updated interbank foreign currency rates for Monday, February 2, 2026, to guide banking consumers and facilitate smooth currency transactions. These rates serve as a benchmark for commercial banks and businesses involved in foreign exchange operations.
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NBP extends banking facility restructuring offer to Hascol Petroleum
Karachi, February 2, 2026 — The National Bank of Pakistan (NBP) on Monday issued an offer letter to Hascol Petroleum Limited regarding the restructuring and rescheduling of its banking facilities and financial accommodations.
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Bitcoin rate falls against US dollar and Pakistani rupee – February 2, 2026
Bitcoin prices continued their downward slide on Monday, weakening against both the US dollar and the Pakistani rupee as selling pressure persisted in the global cryptocurrency market. The leading digital asset has now posted sharp losses over the past week and month, reflecting heightened volatility and cautious investor sentiment.
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