The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Monday, November 11, 2024, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
(more…)Author: Faisal Shahnawaz
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Rupee Drops 12 Paisas Against Dollar as Week Begins
Karachi, November 11, 2024 – The Pakistani rupee slipped by 12 paisas against the US dollar on Monday, closing at PKR 277.86 in the interbank foreign exchange market, down from Friday’s closing of PKR 277.74. This slight depreciation was primarily attributed to increased demand for the dollar to meet import and corporate payment obligations at the start of the week.
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SBP Issues Foreign Exchange Rates for November 11, 2024
Today, November 11, 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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Limited-Time Price Cuts on Hyundai Tucson SUV in Pakistan
Hyundai Nishat Motors has unveiled a limited-time offer on its popular SUV, the Hyundai Tucson, providing significant price cuts across all variants in Pakistan.
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Price, Specs of Locally Assembled MG HS PHEV in Pakistan
MG Pakistan has officially announced the price of its new locally assembled MG HS PHEV, following its debut at the Pakistan Auto Show 2024.
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Bitcoin Hits $81K on Optimism Over Pro-Crypto Shifts
November 11, 2024 – Bitcoin surged to an all-time high above $81,000 on Monday, driven by a wave of optimism that cryptocurrencies are poised for significant growth under a favorable regulatory climate following Donald Trump’s election as U.S. president and the success of pro-crypto candidates in Congress.
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Barcelona Suffer Surprising Defeat to Real Sociedad
The impressive run of Barcelona came to an unexpected halt as they were defeated 1-0 by Real Sociedad in a LaLiga EA Sports match on Sunday. Despite remaining top of the table, the loss to a team that had previously struggled at home was a major setback for Barcelona, who have now suffered their second league defeat of the season.
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England Secure 7-Wicket Victory Over West Indies in 2nd T20I
England’s cricket team delivered a powerful performance, defeating the West Indies by seven wickets in the second T20I in Barbados on Sunday. Skipper Jos Buttler led the charge with a stunning 83 off 45 balls, helping England reach their target of 161 with ease and secure a 2-0 lead in the five-match series.
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Lockie Ferguson Hat-Trick Inspires New Zealand’s Comeback
In an electrifying show of resilience, New Zealand’s Lockie Ferguson spearheaded a dramatic fightback, clinching a stunning hat-trick and breathing life into his team’s defense of a modest 108. Ferguson’s fierce spell against Sri Lanka transformed what initially appeared to be an easy chase into a tense, hard-fought battle, underscoring his skill and composure under pressure.
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Bitcoin (BTC) Price Today – November 11, 2024
On November 11, 2024, the latest exchange rates of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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