Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.
Karachi, April 16, 2025: The Pakistani rupee strengthened slightly against the US dollar on Wednesday, gaining 11 paisas in the interbank foreign exchange market.
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Karachi, April 16, 2025 – United Bank Limited (UBL) has reported its highest-ever quarterly profit for the period ended March 31, 2025, marking a major milestone in the bank’s financial history.
(more…)KARACHI, April 15, 2025 — The Pakistani rupee registered a slight gain against the US dollar on Tuesday, supported by easing demand for foreign exchange in the import and corporate sectors.
(more…)Karachi, April 14, 2025 – The Pakistani rupee continued its struggle in the interbank market on Monday, weakening by 13 paisas against the US dollar, closing at PKR 280.60 compared to last Friday’s rate of PKR 280.47. This decline came unexpectedly, even as the country reported record-high remittance inflows during March.
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Karachi, April 14, 2025 – Governor of the State Bank of Pakistan (SBP), Jameel Ahmad, announced on Monday that the country received a historic $4.1 billion in workers’ remittances during March 2025, the highest monthly inflow ever recorded.
(more…)Karachi, April 13, 2025 — The Pakistani rupee traded within a narrow band throughout the week and is expected to maintain this range-bound behavior in the sessions ahead.
(more…)Karachi, April 11, 2025 – The Pakistani rupee continued its upward trend against the US dollar on Friday, buoyed by a sharp decline in international oil prices and improving macroeconomic indicators.
(more…)Karachi, April 10, 2025 – The Pakistani rupee made a notable recovery against the US dollar on Thursday, buoyed by easing global trade tensions and renewed optimism over the country’s economic prospects.
(more…)Karachi, April 9, 2025 — The Pakistani rupee continued its downward trajectory on Wednesday, settling at PKR 280.78 against the dollar in the interbank market, marking a slight drop of 5 paisas from the previous close of PKR 280.73.
(more…)Karachi, April 8, 2025 – The Pakistani rupee lost 16 paisas against the US dollar on Tuesday, closing at PKR 280.73 in the interbank foreign exchange market compared to the previous day’s rate of PKR 280.57. This latest dip was primarily driven by a heightened demand for the greenback, largely fueled by payments for import and corporate needs.
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