Karachi Chamber of Commerce and Industry
Coverage of Karachi Chamber of Commerce and Industry in the Nexus archive.
- ‘Managed’ exchange rate hurts exports, investments
An artificial exchange rate in Pakistan has discouraged exporters and hindered foreign investment, particularly in exportable manufacturing. The rupee's appreciation against the dollar increased production costs, widened the trade deficit to $39 billion in FY26, and reduced competitiveness compared to regional rivals like China. Experts argue that gradual currency depreciation is needed to boost exports and attract investment.
- Business circles disappointed over SBP rate pause
The business community in Pakistan expressed disappointment over the State Bank of Pakistan's (SBP) decision to maintain the policy rate at 11.5%, urging a rate cut to support industrial recovery, exports, and investment. Organizations like the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and others argued that the unchanged rate hampers economic growth and competitiveness.