Karachi, July 10, 2024 – The State Bank of Pakistan (SBP) has officially declared bank holidays in observance of Ashura e Moharram. In a circular addressed to all banks, the SBP confirmed that it will remain closed on July 16th and 17th, 2024, corresponding to Tuesday and Wednesday, to mark the occasion of Ashura (9th and 10th Moharram 1446 A.H).
(more…)Author: Faisal Shahnawaz
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Pakistan Stocks Fall 830 Points from Peak Amid Profit Taking
Karachi, July 10, 2024 – Pakistan stocks experienced a notable downturn on Wednesday as investors opted for profit taking, resulting in a significant drop of 830 points from its recent peak.
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Rupee Sheds 11 Paisas to Reach PKR 278.51 Against Dollar
Karachi, July 10, 2024 – The Pakistani Rupee depreciated by 11 paisas to settle at PKR 278.51 against the US dollar at the close of trading in the Interbank foreign exchange market on Wednesday.
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Foreign Investors in Pakistan Wary of Security Concerns: OICCI
Karachi, July 10, 2024 – The Overseas Investors Chamber of Commerce and Industry (OICCI) released its 2024 Security Survey, indicating a growing unease among foreign investors regarding Pakistan’s security situation.
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SBP Issues Foreign Exchange Rates as of July 10, 2024
Today, July 10, 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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SBP Appoints Primary Dealers for FY 2024-25
Karachi, July 10, 2024 – The State Bank of Pakistan (SBP) on Wednesday announced the appointment of primary dealers (PDs) and special purpose primary dealers (SPPDs) for the financial year 2024-25.
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Changan Unveils Stylish New Alsvin Black Edition in Pakistan
Changan Pakistan has set the stage for car aficionados with the introduction of the Alsvin Black Edition, a striking new variant that elevates the Alsvin lineup to new heights of style and sophistication.
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2024 Toyota Crown is Benchmark in Luxury Sedan Innovation
The Toyota Crown, a symbol of luxury, innovation, and performance, has made a significant impact on the automotive industry since its debut in 1955. As one of Toyota’s premier sedans, it consistently sets high standards, merging elegance with state-of-the-art technology.
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BYD Qin Plus Upgraded with Advanced DM 5.0 PHEV Powertrain
BYD is enhancing its Qin Plus sedan with the introduction of the advanced DM 5.0 plug-in hybrid electric vehicle (PHEV) powertrain. Expect a refreshed design and potentially best-in-class fuel efficiency when the updated Qin Plus debuts in Q4 2024.
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ORA 03 is Eco-Friendly, Stylish, Perfect for Urban Commuting
The ORA 03 seamlessly merges timeless aesthetics with eco-friendly technology, offering an impressive driving range of up to 420km on a single charge. This harmonious blend of spirited performance and environmental consciousness makes it an ideal choice for urban commuters.
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