Federal Finance Minister Senator Muhammad Aurangzeb said the government is strongly focused on saving energy and keeping the economy stable. He highlighted an important program to replace old fans with new energy-saving ones. He led a meeting to check if everything was ready for the program. The Prime Minister is very interested in making this […]
This uptick follows a robust performance in June, during which the AED gained 0.81 PKR, rising from 76.44 PKR at the start of the month to 77.25 PKR by its close. The Dirham’s continued strength highlights the United Arab Emirates’ solid economic policies and its prominent position as a global financial hub. 1 UAE Dirham […]
PM Shehbaz Sharif asked the relevant authorities to present a comprehensive action plan to boost agricultural production and introduce agricultural reforms in the country. He was chairing a review meeting on the performance of the agriculture sector and ongoing reforms. “Improving agricultural productivity, value addition, and increasing exports of agricultural products are top priorities of […]
Kuwaiti Dinar Slightly Rises Against Pakistani Rupee The Kuwaiti Dinar (KWD) continued to rise slightly in value compared to the Pakistani Rupee (PKR). This follows a steady increase throughout June. For example, on: June 10: 1 KWD = 919.67 PKR June 13: 1 KWD = 922.06 PKR June 18: 1 KWD = 925.45 PKR June […]
The committee approved the import of up to 500,000 metric tons of sugar to ensure a stable supply and maintain affordable prices nationwide. The deputy PM underscored the government’s commitment to price stability and safeguarding consumer interests. The meeting was attended by the Minister for Food, SAPM Tariq Bajwa, the Secretary Ministry of Food, senior […]
Saudi Riyal Gains Slightly, Boosts Remittances for Pakistan The selling rate of the Saudi Riyal has gone up slightly to Rs 76.40. This small increase shows the steady flow of money sent home by Pakistanis working abroad and the seasonal demand for Riyals. It also shows how important the Riyal is for Pakistan’s economy. What […]
This was shared by Advisor to Finance Minister Khurram Schehzad in a post on the social media platform X. The post said that the debt was due for 2029, but its early retirement reflects the government’s strong commitment to proactive, disciplined, and forward-looking financial governance. It will help reduce concentration risk, lower future liabilities, and […]
Gold Price Drops in Pakistan, Silver Stays Mostly the Same According to the Saraffa Association, the price of 24-karat gold dropped by Rs2,500 per tola, bringing the new price to Rs353,000. The price for 10 grams of gold also went down to Rs302,640. However, silver prices stayed the same, with one tola of silver still […]
Trump Threatens New Tariffs on Many Countries – What It Means The US president has once again set a deadline for new taxes (tariffs) on products from many countries. He had already delayed these taxes in April for 90 days. Countries that sell much more to the US than they buy from it are the […]
cSpot gold was down 0.8% at $3,307.87 an ounce at 1302 GMT after hitting its lowest since June 30 at $3,296.09. U.S. gold futures lost 0.7% to $3,318. The stronger dollar, up 0.2% against a basket of other major currencies, makes dollar-priced gold more expensive for buyers with other currencies. “The market volumes remain quiet […]
