Saudi Riyal Hits Rs75.86, Boosting Pakistan’s Economic Outlook The exchange rate of the Saudi Riyal rose to Rs75.86 in the open market on Thursday, with the selling price touching Rs76.43. The increase, fueled by robust remittance inflows and seasonal market dynamics, underscores the Riyal’s critical role in Pakistan’s economic landscape. Saudi Arabia: Pakistan’s Top Remittance […]
In a major development, Pakistan and Russia have signed a protocol to revive and modernize the Pakistan Steel Mills (PSM) in Karachi, marking a renewed phase of industrial cooperation between the two countries. The agreement was finalized during a high-level visit by a Pakistani delegation led by Haroon Akhtar Khan, Adviser to the Prime Minister […]
Pakistan Railways to Launch High-Tech Business Train on July 19 LAHORE – Pakistan Railways (PR) is set to inaugurate a new high-tech business train on July 19, offering passengers a state-of-the-art travel experience with modern amenities. According to officials, the newly launched train will feature 28 digitally equipped coaches, free Wi-Fi access, and an international-standard […]
USD to PKR: Rupee Faces Mixed Trends Amid Ongoing Market Volatility The Pakistani Rupee (PKR) displayed mixed performance against major foreign currencies on Wednesday, reflecting persistent volatility in the currency and money markets. In the open market, exchange companies quoted the US Dollar at PKR 284.80 for buying and PKR 287.00 for selling, signaling continued […]
Dirham Strengthens Against Rupee, Hits 77.47 PKR The UAE Dirham (AED) has continued its upward trajectory, reaching 77.47 Pakistani Rupees (PKR) as of today. This rise follows a strong performance in June, where the Dirham appreciated by 0.81 PKR, moving from 76.44 PKR at the beginning of the month to 77.25 PKR by the end. […]
Bitcoin Reaches New Record, Goes Up 18% This Year Bitcoin has reached a new record high of $111,988.90, and is currently trading at $111,259, which is 0.4% higher than before. Since the start of 2025, the price of bitcoin has gone up by more than 18%. Anthony Pompliano, a well-known investor, said, “Bitcoin becomes safer […]
During a joint press stakeout of Turkish Foreign Minister Hakan Fidan and Deputy Prime Minister and Foreign Minister Ishaq Dar here, the two sides expressed satisfaction over the ongoing progress of the 12 joint standing committees established under the High-Level Strategic Cooperation Council (HLSCC). Deputy Prime Minister Dar recalled that during the last session of […]
Qatari Riyal Getting Stronger Against Pakistani Rupee In recent weeks, the value of the Qatari Riyal (QAR) has been going up slowly but steadily compared to the Pakistani Rupee (PKR). On July 2, one QAR was worth 77.94 PKR. At the end of June 2025, it was 77.86 PKR. Earlier in the month, it was: […]
This minor dip follows a strong run through June, when the dinar climbed steadily from 919.67 PKR on June 10 to 922.06 PKR on June 13, 925.45 PKR on June 18, 926.79 PKR on June 24, 928.22 PKR on June 25, 928.32 PKR on June 26, and 928.56 PKR on June 27. Despite today’s small […]
The State Bank of Pakistan (SBP) shared some important information about money sent to Pakistan from other countries. In June 2025, Pakistan received $3.4 billion from people living abroad. This is 7.9% more than what was sent in June last year. For the whole year of 2025, the total money sent to Pakistan reached $38.3 […]