The announcement was made in an official notice submitted to the Pakistan Stock Exchange (PSX) on Friday. The notification stated, “We are pleased to inform you that Honda Atlas Cars Limited is planning to introduce HEV models shortly”. The company further emphasized that the initiative reflects its ongoing commitment to innovation, environmental sustainability, and providing […]
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs280.65 and Rs282.15, respectively. The price of the Euro increased by Rs9.71 to close at Rs318.96 against the last day’s closing of Rs309.25, according to the State Bank of Pakistan (SBP). The […]
In statements to the Emirates News Agency (WAM), he also disclosed that remittances from the Pakistani community in the UAE reached $6.7 billion in 2024, which are expected to surpass $7 billion in 2025. “These figures reflect not only the strength of our economic partnership, but also the vital role played by the Pakistani diaspora […]
Valuation Dynamics The Qatari Riyal’s stability at 76.96 PKR reflects Qatar’s robust economic foundation, primarily driven by its vast hydrocarbon reserves and a peg to the US Dollar at a fixed rate of approximately 3.64 QAR per USD. This peg ensures the QAR remains insulated from significant fluctuations, providing a reliable benchmark for international trade […]
This development reflects ongoing fluctuations in the forex market, driven by a mix of regional economic dynamics and global trade influences, providing a favorable rate for overseas Pakistanis remitting funds from the UAE. 1 UAE Dirham = 76.41 Pakistani Rupees The valuation of the AED against the PKR is shaped by several key factors. The […]
Meanwhile, the turmoil unleashed by Trump’s tariffs showed few signs of easing on Friday, with markets tumbling and foreign leaders puzzling how to respond to the biggest disruption to the world trade order in decades. A brief reprieve for battered stocks seen after Trump decided to pause duties for dozens of countries for 90 days […]
The rate of the yellow metal on Thursday was 4,217 Saudi Riyal (SAR) per tola. According to details from Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is being sold at SAR 3,721. Additionally, the price for an ounce of gold is 11,573 Saudi Riyal. Gold rates are subject to global market fluctuations, including […]
The selling rate of the Saudi Riyal was recorded at Rs75.25. The official currency of Saudi Arabia is abbreviated as SAR or SR. One Riyal is subdivided into 100 halalas. The partnership between Pakistan and Saudi Arabia is marked by a long-established and mutually beneficial alliance, underscored by considerable financial assistance from the Kingdom of […]
As per details, uncertainty looms around Solar industry in Pakistan following the government’s plan of massive cuts in buyback rates. In Hyderabad and other regions of Sindh, solar panel rates have registered 25 percent. The price of a Grade-A 585-watt solar panel, previously sold for Rs. 22,000, has now come down to around Rs. 16,500. […]
In a petition filed against the illegal trade of cryptocurrency and digital forex, the Peshawar High Court has given the federal government a two-month deadline to introduce legislation on the matter. The hearing was conducted by Justice Syed Arshad Ali and Justice Khurshid Iqbal. During the proceedings, the Deputy Attorney General informed the court that […]
