The Pakistani Rupee has experienced fluctuations against major currencies in the latest exchange rates, reflecting changes in the foreign exchange market. Currently, the US Dollar (USD) is being bought for Rs 278.00 and sold for Rs 280.00, gaining ground in…
In an interview with Voice of America, Nathan Porter, the IMF Mission Chief for Pakistan, stated that the new loan program from the IMF is significantly stricter, suggesting that if Pakistan successfully implements the necessary reforms, this could be the…
The Bank of England is closely monitoring the escalating crisis in the Middle East, particularly the conflict between Iran and Israel, which raises concerns about stabilizing oil prices and the risk of a 1970s-style energy shock impacting the global economy.…
Pakistan’s foreign exchange reserves have increased to cover two months of imports following the receipt of the first installment from the International Monetary Fund’s $7 billion Extended Fund Facility, according to State Bank Governor Jameel Ahmed. This development provides a…
ISLAMABAD:The government announced on Monday a reduction in petrol prices by Rs2.07 per litre, effective from October 1, 2024. Additionally, the price of high-speed diesel (HSD) has been lowered by Rs3.40 per litre. The price of light diesel has also…
Sharjah-based Air Arabia has introduced an early bird promotion called the “Super Seat Sale,” offering discounts on 500,000 seats across its entire network. Travelers can book direct flights to various destinations for as low as Dh129. This early bird promotion…
On Monday, the US dollar surged to Rs278.05, according to the latest foreign exchange report from the National Bank of Pakistan (NBP). The buying rate for the dollar currently sits at Rs277.55, reflecting the continued depreciation of the Pakistani rupee.…
With only two days left to submit income tax returns, the Federal Board of Revenue (FBR) has extended the working hours of its field offices to assist taxpayers. According to the FBR, offices will remain open until 10 PM today…
Binance founder and former CEO, Changpeng “CZ” Zhao, was released from a U.S. federal prison on Sept. 27, after serving a four-month sentence for Anti-Money Laundering (AML) violations, a spokesperson from the United States Federal Bureau of Prisons confirmed to…
Finance Minister Muhammad Aurangzeb announced on Sunday that the number of tax filers for the current fiscal year has nearly doubled compared to the previous year, with approximately 723,000 new filers registering. On September 20, Prime Minister Shehbaz Sharif approved…
