This level of stability follows a period of calm in the AED and PKR exchange rates, supported by consistent remittances and favorable economic conditions in both Pakistan and the UAE. Understanding the AED-PKR Exchange Rate The exchange rate between the UAE Dirham and the Pakistani Rupee is influenced by market dynamics as well as interventions […]
High output has been driven by strong production from artisanal mining and the introduction of new large-scale operations, countering a decline at the country’s aging mines. The 2025 forecast published in the chamber’s annual report follows Ghana’s stronger-than-expected performance in 2024, when total gold output rose 19.3%, cementing its position as Africa’s top gold producer, […]
According to sources, the IMF demanded details on the pricing of cryptocurrency mining power supply. During ongoing budget negotiations for the fiscal year 2025-26, the IMF instructed Pakistan to avoid offering subsidized rates for the electricity allocated to crypto mining and artificial intelligence (AI) data centers, emphasizing fiscal discipline, sources added. Pakistan’s government is making […]
“Concerning the news items regarding the 14th meeting of the National Assembly’s Standing Committee on Finance and Revenue, it is clarified that State Bank of Pakistan (SBP), in 2018 advised its regulated entities including Banks, Development Finance Institutions (DFIs), Microfinance Banks (MFBs), Electronic Money Institutions (EMIs), Payment System Operators (PSOs), Payment Service Providers (PSPs), and […]
This slight fluctuation in the exchange rate has provoked discussion among analysts and traders on the possible drivers for its valuation and the possible impact on trade and remittances between the two nations. One Kuwaiti Dinar is equivalent to 913.99 Pakistani Rupees Knowing the KWD-PKR Exchange Rate The exchange rate for the KWD versus the […]
Malik, in his statement, said he would meet with Prime Minister Shehbaz Sharif shortly to discuss the issue in detail and asserted that this is a nationwide concern that needs to be addressed. Malik added that he had already discussed the matter of lifting of ban on domestic gas connections with the prime minister earlier […]
As per Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently valued at SAR 3,974, with an ounce of gold costing 12,361 Saudi Riyal. The uptick in gold rates reflects ongoing trends in the global commodities market, with the latest pricing update reported at 10:00 a.m. local time. Gold has long held a […]
The Saudi Riyal’s selling rate was noted at Rs75.78. Saudi Arabia’s official currency is denoted as SAR or SR. A single Riyal is divided into 100 halalas. The relationship between Pakistan and Saudi Arabia is characterized by a deep-rooted, mutually supportive alliance, reinforced by significant financial aid from the Saudi kingdom. Recently, Saudi Arabia extended […]
The announcement was made during a meeting of the Senate Standing Committee on Finance on Thursday, where Mahmood responded to a query about the government’s plans regarding tax exemptions. The FBR chairman said a significant relief has been announced for teachers. From the next fiscal year, teachers will be eligible for a 25 percent income […]
The foreign exchange rate of the Bahraini Dinar vis-à-vis PKR is influenced by a number of factors such as foreign exchange market supply and demand, economic stability, and monetary policies of Pakistan and Bahrain. The fixed exchange rate of the Bahraini Dinar relative to the U.S. dollar at 0.376 BHD per USD is supported by […]
