Banks’ Core Income Faces Decline in Fourth Quarter

Karachi: The upcoming fourth-quarter financial results for Pakistan’s banks are anticipated to show a year-over-year decrease in core income, primarily due to a contraction in net interest margins (NIMs) and

Finance Minister Pledges Support for Private Sector Growth

KARACHI: Finance Minister Muhammad Aurangzeb has committed to supporting private-sector-led economic growth, highlighting the government’s role in providing a stable policy environment.

According to a statement by Ministry of Information

Gold Prices See Notable Drop Across Pakistan

Karachi: Gold prices in Pakistan saw a significant decrease on Wednesday, with the cost of gold per tola and per 10 grams both registering declines. The international gold market also

Exchange Rates Show Minor Variations Across Currencies

Karachi: The State Bank of Pakistan released its latest figures on February 12, 2025, revealing the weighted average customer exchange rates for various currencies. The report indicates slight fluctuations in

Boulder Imaging Powers First CDI2-Compliant Technology for Central Banks

LOUISVILLE, Colo., Feb. 12, 2025 (GLOBE NEWSWIRE) — Boulder Imaging, a leader in machine vision and artificial intelligence solutions, is proud to announce the world’s first Common Detector Interface 2 (CDI2)-compliant software. This pioneering software, combined with Authentix GemVision™ sensors and image processing and fitness algorithms, is designed to deliver

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