The meeting was attended by key government officials, including Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, Finance Minister Muhammad Aurangzeb, IT Minister Shaza Fatima Khawaja, State Bank Governor Jamil Ahmad, and Pakistan Crypto Council CEO Bilal Bin Saqib, among others. Global blockchain leaders also participated, including Marco Streng and Dr. Marco Krohn, Co-Founders […]
As per details, the Large Tax Office (LTO) of the Federal Board of Revenue (FBR) has launched an operation against tax evasion and sealed three outlets selling luxury watches for non-compliance with the Point of Sale (POS) system. According to FBR sources, the LTO team has seized business records from these outlets. The tax filers […]
Brent crude futures were up 27 cents to $73.27 a barrel by 0749 GMT. U.S. West Texas Intermediate crude climbed 26 cents to $69.37. Both benchmarks gained more than 1% in the previous session after U.S. President Donald Trump announced a 25% tariff on countries importing oil and gas from Venezuela. Oil is Venezuela’s main […]
Exchange rates, like the CAD to PKR rate, are shaped by several factors, including: Supply and Demand: A currency’s value depends largely on its global demand. For example, increased purchases of Canadian goods or investments in Canadian assets boost CAD demand, raising its value. Interest Rates: Higher interest rates in Canada can draw foreign investors, […]
The UAE, known for its diverse economy, trade ties, and pro-investor policies, remains a key Middle Eastern economic anchor. The Dirham’s strong position against the PKR reflects the success of sectors like oil, tourism, real estate, and finance. Its innovative leadership reinforces its global economic prominence. AED TO PKR- Currency Valuation Dynamics Foreign exchange markets, […]
The exchange rate system is determined by the foreign exchange market, where supply and demand dictate currency values. Various factors, including economic stability and geopolitical developments, influence currency fluctuations. The QAR is pegged to the US Dollar (USD) at 3.64 QAR per USD, making its value relatively stable. However, its exchange rate with the PKR […]
As per details, the Central Power Purchasing Agency (CPPA) filed a petition for monthly fuel price adjustments for February. According to the CPPA, a total of 6.495 billion units of electricity were generated in February, while 6.666 billion units were supplied to power companies. The cost of electricity per unit was Rs 8.22, with a […]
According to the report, over 1 billion people in developing countries, including Pakistan, remain unbanked. In Pakistan, only 21% of adults have a bank or mobile money account. The ADB report states that many people rely on informal networks for financial transactions and that women’s access to banking services is half that of men. However, […]
Brent crude futures were up 1 cent at $73.01 a barrel by 0424 GMT. U.S. West Texas Intermediate crude dipped 1 cent to $69.10. Both benchmarks gained more than 1% on Monday after U.S. President Donald Trump announced a 25% tariff on countries importing oil and gas from Venezuela. Oil is Venezuela’s main export and […]
The UAE, known for its diverse economy, trade ties, and pro-investor policies, remains a key Middle Eastern economic anchor. The Dirham’s strong position against the PKR reflects the success of sectors like oil, tourism, real estate, and finance. Its innovative leadership reinforces its global economic prominence. AED TO PKR- Currency Valuation Dynamics Foreign exchange markets, […]
