Download IPFS On July 31, 2025, the United Arab Emirates Dirham (AED) rose against the Pakistani Rupee (PKR), reaching an interbank rate of Rs77.03–77.16 and an open market rate of Rs77.65–77.80, per posts on X by @RehmanEnterpris. This uptick strengthens the economic ties between Pakistan and the UAE, amplifying remittance[Read More…]

Download IPFS In July 2025, the Saudi Riyal (SAR) experienced significant swings against the Pakistani Rupee (PKR), opening at Rs75.63 on July 7, peaking at Rs76.36 on July 22, and closing at Rs75.52 on July 31, according to the State Bank of Pakistan (SBP) and currency dealers. The fluctuations, driven[Read More…]

Download IPFS The Pakistan Stock Exchange (PSX) closed Thursday with a gain of 978.17 points, or 0.71%, with the KSE-100 index settling at 139,390.42. The rally followed reports of a potential trade agreement between Pakistan and the United States that could lead to energy sector cooperation and reduced trade restrictions.[Read More…]

Download IPFS Despite directives from the Prime Minister, sugar is not being provided at the government-fixed ex-mill price of Rs 165 per kilogram. Following fines imposed by authorities, wholesalers in Karachi’s Jodia Bazaar have suspended sugar sales, creating widespread disruption in the market. Chairman of the Wholesale Grocers Association, Rauf[Read More…]

Download IPFS The Federal Board of Revenue (FBR) has released its procurement plan for the fiscal year 2025–26, revealing a budget of Rs180.36 million for computer stationery, sparking public interest over government spending priorities. The procurement document, made public on Thursday, outlines a total expenditure of Rs 560 million. The[Read More…]

Download IPFS Pakistan’s bullion market opened Thursday with stable gold and silver prices, providing a key update for investors, jewelers, and market traders closely monitoring the value of precious metals. According to the latest data issued at 9:00 AM, the price of 24-karat gold is being quoted at Rs 355,000[Read More…]

Download IPFS The State Bank of Pakistan (SBP) announced on Wednesday that it will maintain the policy rate at 11 percent, emphasizing the need to continue its cautious monetary stance to stabilize inflation and sustain macroeconomic progress. SBP Governor Jameel Ahmed shared the decision following the central bank’s Monetary Policy[Read More…]

Download IPFS Pakistan is financially positioned to meet its external debt obligations of $25.9 billion in the fiscal year 2025–26, according to State Bank of Pakistan (SBP) Governor Jameel Ahmed. Speaking at a press conference in Karachi, Ahmed emphasized that the country’s rising foreign exchange reserves and stable debt management[Read More…]

Download IPFS Pakistan has withdrawn a recently introduced 5% digital tax on foreign technology firms, in a key move to facilitate trade negotiations with the United States. The Federal Board of Revenue (FBR) issued the exemption notification on Wednesday, coinciding with Finance Minister Muhammad Aurangzeb’s visit to Washington for bilateral[Read More…]

Download IPFS Each franchise in the 10th edition of the Pakistan Super League (PSL) is expected to receive around Rs 970 million from the league’s central revenue pool, according to sources close to the Pakistan Cricket Board (PCB). The earnings, however, will be subject to deductions such as player fees,[Read More…]