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Trade · KarachiJune 05, 2025 (MLN): The Pakistani rupee (PKR) strengthened by 4.97 paisa or 0.02% against the US dollar in Thursday’s interbank session to settle the trade at PKR 282.17 per USD, compared to previous closing of 282.22. Throughout the day, the currency saw an intraday high (bid) of 282.40 and a low (ask) of 282.15. In the open market, exchange companies quoted the dollar at 282.50 for buying and 284.40 for selling. In comparison to major curren…Read Article
PKR strengthens 5 paisa against USD
Pakistan · PakistanJune 05, 2025 (MLN): The State Bank of Pakistan (SBP) conducted a reverse repo and Shariah Compliant Modarabah based Open Market Operation (OMO) today, in which it cumulatively injected a total of Rs855 billion into the market of which Rs655bn were injected through reverse repo OMO.
Summary of OMO Result
(Conventional)
Amount (Rs in Million)
Rate (%)
Quotes
Tenor
Type
Offered
Accepted
High – Low
Accepted
Offered
Accepted
8D
Rever…Read Article
OMO Result: SBP injects around Rs855bn
Islamabad · IslamabadJune 05, 2025 (MLN): Shifa International Hospitals Ltd (SHFA) held an
Extraordinary General Meeting (EOGM) to consider and approve the acquisition of
approximately 105.8 million shares of Shifa Medical Center Islamabad (SMCI)
from all remaining shareholders.
The management shared that this project was initially
launched in 2019. However, progress was disrupted by the COVID-19 pandemic,
severe macroeconomic headwinds, and steep currency devaluati…Read Article
