The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Thursday 22 February 2024, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
(more…)Author: Faisal Shahnawaz
-

KSE-100 Index Surges by 355 Points in Recovery Trend
Karachi, February 22, 2024 – The Pakistan Stock Exchange (PSX) witnessed a robust recovery on Thursday as the benchmark KSE-100 index surged by 355 points, closing the day at 61,914 points and marking a notable uptick from the previous day’s closing of 61,559 points.
(more…) -

Rupee Gains PKR 0.17 to Dollar Amid Easing Political Tensions
Karachi, February 22, 2024 – In a welcome development for the Pakistani economy, the Pakistani Rupee (PKR) gained ground against the US dollar on Thursday, marking a rise of PKR 0.17.
(more…) -

Zero Markup 12-Month Installment Plan for Yamaha YBR 125G
Yamaha Pakistan has introduced a special 12-month installment plan at zero percent mark-up for the popular Yamaha YBR 125G Matt Orange motorcycle. This initiative aims to make the dream of owning a high-quality motorcycle more accessible to a wider audience.
(more…) -

Trade in Old Vehicle for Toyota Corolla Cross Hybrid, April Delivery
Toyota Central Motors has introduced a trade-in program allowing customers to swap their old vehicles for the latest locally assembled Corolla Cross Hybrid. This offer, accessible through Toyota Central TSure, promises delivery in April.
(more…) -

Price of Suzuki GR 150 Motorcycle as of February 22, 2024
As of February 22, 2024, here are the latest pricing and details for the Suzuki GR 150 motorcycle in Pakistan. Revered for its exceptional fusion of style, power, and affordability, the GR 150 has emerged as the favored option among riders nationwide, commanding attention on the roads and garnering widespread acclaim.
(more…) -

SME Farmers Advocate for Export of Khashkhash
Karachi, February 22, 2024 – The Small and Medium-sized Enterprise (SME) Farmers Association in Pakistan is urging the government to permit the export of Khashkhash (poppy seeds), citing its widespread use as a household item.
(more…) -

SBP Issues Foreign Exchange Rates as of 22 February 2024
Karachi, 22 February 2024 – Today, the State Bank of Pakistan (SBP) disclosed the foreign exchange rates for customers, establishing a vital reference point for cross-border transactions on 22 February 2024.
(more…) -

Indus Motor to Infuse Rs 3 Billion for Localization of Parts
Karachi, February 22, 2024 – Indus Motor Company Limited made a significant announcement on Thursday, revealing plans for a fresh investment of Rs 3 billion aimed at the localization of parts and components.
(more…)

