The State Bank of Pakistan (SBP) has released the Karachi Interbank Offered Rates (KIBOR) for various tenors on Monday, April 7, 2025, providing a crucial snapshot of the prevailing borrowing costs in the interbank market.
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PSX Market Crash: Losses Trimmed to 3.27% After Lower Lock
Karachi, April 7, 2025 – The Pakistan Stock Exchange (PSX) witnessed an intense selloff on Monday, with the market initially hitting the lower lock limit, falling more than 5%.
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Punjab Launches e-Auction for Preferred Vehicle Numbers
Lahore, April 7, 2025 – In an effort to modernize and streamline the process of vehicle number allocation, the Punjab Information Technology Board (PITB), in collaboration with the Punjab Excise and Taxation Department, has officially launched registration for the e-Auction of preferred vehicle numbers
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PKR vs USD: Pakistani Rupee Slips Amid Stock Market Downturn
Karachi, April 7, 2025 – The Pakistani rupee (PKR) experienced a slight dip of 10 paisas against the US Dollar (USD) on Monday, reflecting the broader economic pressures facing Pakistan. The rupee closed at PKR 280.57 against the dollar, down from the previous Friday’s closing of PKR 280.47 in the interbank foreign exchange market.
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Increased Price of Apple iPhone 16 Pro Max from Apr 7, 2025
The Apple iPhone 16 Pro Max brings together premium design and next-gen technology to offer a flagship smartphone experience like no other.
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SBP Releases Forex Rates in PKR for April 7, 2025
On April 7, 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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Vivo X200 Ultra Launching on April 21 Alongside New Pad
Vivo has officially confirmed the launch date for its latest flagship smartphones—the vivo X200 Ultra and vivo X200s.
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KTBA Raises Red Flags on 8-Digit HS Code and UoM Compliance
The Karachi Tax Bar Association (KTBA) has raised serious concerns regarding the Federal Board of Revenue’s (FBR) mandate requiring the declaration of eight-digit Harmonized System (HS) Codes and specific Units of Measurement (UoM) in sales tax returns.
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China’s New Tariffs to Skyrocket American Car Prices
American car buyers in China are bracing for unprecedented price hikes as new retaliatory tariffs are set to take effect, potentially altering the country’s auto market dynamics.
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Price, Specs of Haval H6 in Pakistan from April 2025
The Haval H6 is swiftly becoming a popular pick in Pakistan, earning praise for its innovative lightweight build that significantly boosts fuel efficiency.
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