Karachi, February 15, 2024 –Pakistan’s foreign exchange reserves witnessed a notable uptick, surging by $51 million in the week ending February 9, 2024, according to the State Bank of Pakistan (SBP).
(more…)Author: Faisal Shahnawaz
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Political Uncertainty Hits KSE-100 Index with 1,134-Point Drop
Karachi, February 15, 2024 – The Pakistan stock market faced a tumultuous day on Thursday as political uncertainty took center stage, causing the benchmark KSE-100 index to shed a significant 1,134 points.
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Rupee Slips to PKR 279.38 on High Dollar Demand
Karachi, February 15, 2024 – The Pakistani Rupee (PKR) experienced a dip to PKR 279.38 against the US dollar on Thursday, a decrease of PKR 0.06 from the previous day’s closing of PKR 279.32 in the interbank foreign exchange market.
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KIBOR – Karachi Interbank Offered Rates for 15 February 2024
The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Thursday 15 February 2024, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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SBP Issues Foreign Exchange Rates as of 15 February 2024
Karachi, 15 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 15 February 2024.
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PSO Announces Rs 7.75 Billion Profit for 1HFY24
Karachi, February 15, 2024 – Pakistan State Oil (PSO) has announced a net profit of Rs 7.7 billion in first half of fiscal year 2023-24, showcasing resilience in the face of economic challenges.
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Xiaomi Set to Launch SU7 Electric Car at MWC 2024
At the highly anticipated Mobile World Congress 2024 (MWC24), Xiaomi is all set to launch its groundbreaking electric car, the SU7. Scheduled to take place at Hall 3, 3M10, Fira Gran Via, this event promises to be a game-changer in the automotive industry.
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Sazgar Introduces ORA 03 Electric Car in Pakistan
Sazgar Engineering Works Limited has unveiled its latest addition to the electric vehicle market in Pakistan with the introduction of the ORA 03. As the first electric car in its lineup, the ORA 03 brings a blend of classic design and cutting-edge electric power to the forefront.
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Bitcoin (BTC) Rates in USD and PKR on 15 February 2024
On 15 February 2024, the latest exchange rates of Bitcoin (BTC) in Pakistani Rupee (PKR) and US Dollar (USD) have been reported as:
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