This situation persists despite the changing landscape of global currencies, highlighting Bahrain’s robust economy contrasted with Pakistan’s cautious outward economic sector. Furthermore, Bahrain benefits from a fixed exchange rate of its Dinar (1 BHD = 2.65 USD) to the US dollar, which acts as an anchor during periods of uncertainty. 1 Bahraini Dinar is equivalent […]
The rates of 10 grams of 24 karat also decreased by Rs8,917 to Rs291,923 from Rs283,006. The price of gold in the international market also decreased by $104 to $3,221 from $3,117. Gold rates Today in Saudi Arabia – 12 May 2025 Meanwhile, the fluctuation of gold prices continues in the international market due to […]
This stability reflects a period of relative calm in the AED-PKR exchange rate, driven by steady remittance inflows and stable economic conditions in both Pakistan and the UAE. Process of Valuation for AED-PKR Exchange Rate The exchange rate between the UAE Dirham and the Pakistani Rupee is impacted by market dynamics and decisions made by […]
This ongoing stability indicates consistent money flows between Kuwait and Pakistan, reinforcing Kuwait’s robust economic standing as a leading oil producer. 1 KUWAITI DINAR = 916.95 PAKISTANI RUPEES Economists attribute this stable exchange rate to regular remittances from Pakistani workers in Kuwait, along with strong demand for the dinar in the foreign exchange market. The […]
US President Donald Trump had imposed duties of 145 percent on imports from China last month as part of a global tariff blitz, while Beijing hit Washington with retaliatory duties of 125 percent. As well as the blanket levies, China has also been hit with sector-specific tariffs on steel, aluminium and car imports. Trump has […]
As per Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is currently valued at SAR 4,013, with an ounce of gold costing 12,482 Saudi Riyal. w valued at SAR 3,993, while the price of one ounce stands at SAR 12,421. The latest market update was recorded at 10:00 a.m. local time. Gold prices in […]
The Saudi Riyal’s selling rate was noted at Rs75.65. Saudi Arabia’s official currency is denoted as SAR or SR. A single Riyal is divided into 100 halalas. The relationship between Pakistan and Saudi Arabia is characterized by a deep-rooted, mutually supportive alliance, reinforced by significant financial aid from the Saudi kingdom. Recently, Saudi Arabia extended […]
Neither side released details after they wrapped up two days of talks in Switzerland. Chinese Vice Premier He Lifeng said a joint statement would be released in Geneva on Monday. Vice Commerce Minister Li Chenggang said it would contain “good news for the world.” US Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer described […]
Following this significant jump, the index reached an unprecedented level of 117,104 points, marking one of the largest single-day gains in the market’s history. Due to the extraordinary surge, trading was temporarily halted for one hour as a precautionary measure, in line with standard market volatility protocols. The market experts are saying the investors are […]
The nuclear-armed neighbours have been locked in conflict since Wednesday, when India targeted multiple “terrorist infrastructure” locations in Pakistan in response to a deadly attack in India Kashmir last month. Pakistan retaliated, and the countries have exchanged cross-border attacks since. The Nifty 50 (.NSEI), opens new tab fell 1.1% on Friday but closed above the […]
