The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Tuesday, April 15, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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PSX Climbs 385 Points Amid Global Market Optimism
Karachi, April 15, 2025 — The Pakistan Stock Exchange (PSX) witnessed a bullish trend on Monday, as the benchmark KSE-100 index surged by 385 points, closing at 116,775 — up from the previous session’s closing of 116,390. The positive momentum was fueled by strong cues from global markets and investor optimism ahead of the corporate earnings season.
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Meghan Markle Reconnects with Old Friend in New Podcast
Meghan Markle has once again stepped into the spotlight with the release of the second episode of her podcast series Confessions of a Female Founder, where she reconnects with a longtime friend and fellow advocate for women’s empowerment.
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Pakistani Rupee Inches Up Against US Dollar
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.
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SBP Releases Foreign Currency Rates for April 15, 2025
On April 15, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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Gold Prices Inch Up to Rs339,400 per Tola in Pakistan
KARACHI, April 15, 2025 — Gold prices in Pakistan witnessed a slight increase on Tuesday, climbing to Rs339,400 per Tola, influenced by upward movements in the international bullion markets.
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Tribal Areas Receive Rs14 Billion Electricity Tax Relief: FBR
Karachi, April 15, 2025 – The Federal Board of Revenue (FBR) has reported that consumers in the tribal areas benefited from a significant tax relief of over Rs14 billion on the supply of electricity, granted through a sales tax exemption under the Sales Tax Act, 1990.
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KCCI Recommends Advance Tax Exemptions on FMCGs
Karachi, April 15, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to exempt fast-moving consumer goods (FMCGs) from advance tax collection under Sections 236G and 236H of the Income Tax Ordinance, 2001.
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FBR Urges Field Formations to Submit Vacancy Details by April 18
Islamabad, April 15, 2025 – The Federal Board of Revenue (FBR) has reiterated its directive to all concerned field formations to urgently submit details of vacant posts under their respective jurisdictions.
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