On Monday, April 17, 2025, the UK pound was purchased for Rs 372.35 and sold for Rs 376.35 on the open market. Businesses, tourists, and people transferring money between the UK and Pakistan are often impacted by the fluctuation in currency rates. Changes in supply and demand for both currencies, as well as economic variables […]
The textile exports from the country were recorded at $ 13,613.702 million during the July-March (2024-25) against the exports of $ 12,445.935 million during July-March (2023-24). The textile commodities that contributed in trade growth included cotton cloth the export of which increased by 0.11 percent to $ 1,424.503 million from $ 1,422.886 million while the […]
As per Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently valued at SAR 3,803, with an ounce of gold costing 11,830 Saudi Riyal. Gold rates are influenced by global market trends, including those in Saudi Arabia, with the latest update noted at 10:00 am on April 17, 2025. For centuries, gold has […]
The Saudi Riyal’s selling rate was noted at Rs75.32. 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 […]
As per details, the delegation, which includes the Governor of the State Bank of Pakistan and other senior officials, will engage in discussions with IMF and World Bank representatives during the meetings, scheduled from April 21 to 26. According to diplomatic sources, the finance minister will hold meetings with officials from the U.S. State Department, […]
According to reports, the hearing was chaired by NEPRA Chairman Waseem Mukhtar. In its petition, K-Electric requested a reduction of Rs 6.62 per unit in electricity tariff under the FCA mechanism for the month of February. After the public hearing, NEPRA announced that a final decision would be made after a thorough review of all […]
According to the Pakistan Bureau of Statistics (PBS), industrial output fell by 3.51% year-on-year in February alone and saw a sharper 5.9% drop compared to January. Sugar production plummeted by 12.62%, fertiliser output dropped by 1.63%, cement production decreased by 6.43%, and iron and steel industries saw an 11.7% reduction. However, some sectors reported growth. […]
President Donald Trump has ratcheted up tariffs on Chinese goods to eye-watering levels, prompting Beijing to slap retaliatory duties on U.S. imports that have raised the stakes for the world’s two biggest economies and rattled financial markets. Data on Wednesday showed China’s gross domestic product (GDP) grew 5.4% in the January-March quarter from a year […]
The buying and selling rates for OMR were recorded at Rs723.1 and Rs731.6, respectively. The exchange rates were last updated at 13:13 PST on April 16, 2025. 1,000 Omani Rial in Pakistani rupees 1,000 Omani Riyal (OMR) is equivalent to Rs 722,000 in Pakistani currency if citizens sell the same in the open market. Individuals […]
According to Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently being sold at SAR 3,857, while the cost of an ounce of gold is 11,995 Saudi Riyal. Gold rates are influenced by global market trends, including those in Saudi Arabia, with the latest update noted at 10:00 am on April 16, 2025. […]
