According to details from Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is being sold at SAR 3,662. Additionally, the price for an ounce of gold is 11,392 Saudi Riyal. Gold rates are subject to global market fluctuations, including those specific to Saudi Arabia, with the last update recorded at 10:00 am April 08, […]
The selling rate of the Saudi Riyal was recorded at Rs75. 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 […]
The formal announcement was made during a high-level meeting held in Islamabad, attended by Zhao and representatives of the Pakistan Crypto Council. The session was chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb. The chairman of the Securities and Exchange Commission of Pakistan (SECP), the State Bank of Pakistan governor, and secretaries […]
Brent futures declined $2.28, or 3.5%, to $63.30 a barrel at 0049 GMT, while U.S. West Texas Intermediate crude futures lost $2.20, or 3.6%, to $59.79. At the session low, both benchmarks hit their lowest since April 2021. Oil plunged 7% on Friday as China ramped up tariffs on US goods, escalating a trade war […]
Silver typically tends to move alongside gold, but industrial uses such as electronics and photovoltaics account for more than half of global demand, estimated at around 700.2 million troy ounces as of 2024, according to the Silver Institute industry association. While gold, traditionally seen as a refuge from political and economic uncertainty, has touched multiple […]
Renowned for its varied economy, trade relationships, and investor-friendly regulations, the UAE continues to be a vital economic hub in the Middle East. The strong valuation of the UAE Dirham against the Pakistani Rupee showcases the achievements across multiple sectors, including oil, tourism, real estate, and finance. The forward-thinking leadership reinforces its status on the […]
U.S. President Donald Trump on Wednesday slapped a 26% reciprocal tariff on India, threatening the Reserve Bank of India’s (RBI) estimate of 6.7% economic growth in 2025-26 and the government’s economic survey forecast of 6.3%-6.8%. After the tariffs, Goldman Sachs lowered its growth estimate to 6.1% from 6.3%. Citi forecast a 40 bps drag on […]
Exports during July-March (2024-25) were recorded at $24.690 billion against $22.926 billion during July-March (2023-24), according to Pakistan Bureau of Statistics (PBS) data. On the other hand, imports into the country went up by 6.33 percent by growing from $40.054 billion last year to $42.589 billion during the first nine months of the current year. […]
The buying and selling rates for OMR were recorded at Rs 722.00 and Rs 730.50, respectively. The exchange rates were last updated at 12:15 PST on April 04, 2025. 1,000 Omani Riyal 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 […]
The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) initially showed strength, climbing 792.80 points, or 0.67 percent, to settle at 119,730.91 points in the first half of the trading session, compared with the previous closing of 118,938.11 points. The surge was fuelled by investor optimism following a major reduction in electricity prices by […]
