The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Thursday, June 13, 2024, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
(more…)Author: Faisal Shahnawaz
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Pakistan Stocks Soar with Record Single-Day Gain of 3,411 Points
Karachi, June 13, 2024 – In a historic trading session, Pakistan stocks surged by a record-breaking 3,411 points on Thursday, propelling the benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) to an all-time high of 76,208 points.
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Rupee Gains Two Paisas to Dollar on Budget Restrictions
Karachi, June 13, 2024 – The Pakistani rupee gained two paisas against the US dollar on Thursday, bolstered by the latest measures introduced in the 2024-25 budget.
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SBP Issues Foreign Exchange Rates as of June 13, 2024
Today, June 13, 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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USA Penalized Five Runs in T20 Clash with India
In a dramatic turn of events at the Nassau County International Stadium in New York on Wednesday, USA found themselves at the receiving end of a significant penalty during their thrilling encounter against India in international T20 cricket.
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West Indies Seal T20 World Cup Progression, Kiwis Stumble
In a thrilling encounter at the ICC Men’s T20 World Cup, the West Indies secured a crucial victory over New Zealand, booking their ticket to the next round while leaving the Kiwis’ tournament hopes in jeopardy.
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2025 Honda Civic Lineup Pricing, Hybrid Options Explained
The eagerly anticipated 2025 Honda Civic lineup has officially begun arriving at dealerships nationwide, showcasing refreshed styling, enhanced technology, and impressive fuel efficiency.
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Jaguar Land Rover to Adopt Chery’s Advanced Vehicle Platforms
Chery Chairman Yin Tongyao recently confirmed that Jaguar Land Rover (JLR) will adopt Chery’s cutting-edge E0X and M3X platforms for their future plug-in hybrid (PHEV) and battery electric vehicles (BEV).
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EU Imposes New Tariffs on Chinese Electric Vehicles
The European Commission (EC) has concluded that Chinese battery electric vehicles (BEVs) benefit from unfair subsidies, leading to the imposition of provisional import duties.
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MG HS Essence is Affordable Luxury SUV with Advanced Features
As of June 13, 2024, the latest pricing details for the MG HS Essence variant in Pakistan, locally manufactured by MG Motors Pakistan, are as follows. The MG HS Essence is a meticulously designed mid-sized crossover SUV that combines striking aesthetics with remarkable performance.
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