The nine-member mission led by Nathan Porter landed in Pakistan today to assess Pakistan’s economic performance to determine the release of the next $1 billion tranche. As per details from sources, talks got underway between Pakistan and IMF for a $1 bln loan tranche under the $7 bln loan program. During the talks, the IMF […]
Shahzain Mari and his security guards were booked for assaulting a citizen at Boat Basin, Karachi after the video of the incident went viral. The complainant, Barkat Ali Soomro, filed an FIR on February 19 against the suspects. The police have arrested five security guards involved in the incident. However, the prime suspect, Shahzain Mari, […]
“Bilawal Bhutto, who had to arrive in Islamabad today, will now come to the capital city tomorrow,” sources said. The meeting scheduled today has been postponed owing to PM Shehbaz Sharif’s busy schedule, sources shared. Chairman Pakistan People’s Party had to attend a session at the Prime Minister’s House but the meeting has been put […]
As part of the initiative, the government intends to provide 110,000 of the newest laptops to deserving students. The chief minister also said that 2000 minority kids will receive laptops as part of the program, which is also open to matriculated and intermediate students. Which Latest Devices Will Be Distributed? Students in the province will […]
The buying rate for the Omani Rial in exchange for the Pakistan Rupee (PKR) stood at Rs722.15 while the selling rate was Rs730.65 in the open market. The Omani Rial denoted as OMR, serves as the official currency of Oman and is subdivided into 1,000 smaller units called baisa. Conversion of 1000 OMR to Pakistani […]
According to details from Forex.pk, 10 grams of 24-karat gold in Saudi Arabia is being sold at SAR 3,446. Additionally, the price for an ounce of gold is SAR 10,718. It is important to note that gold rates are subject to global market fluctuations, including those specific to Saudi Arabia, with the last update recorded […]
The selling rate of the Riyal dropped as it is being sold for Rs74.65. The Saudi riyal is the official currency of Saudi Arabia. It 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 […]
Trump said in a post on Truth Social that his January executive order on digital assets would create a stockpile of cryptocurrencies including bitcoin, ether, XRP, Solana, and Cardano. The names had not previously been announced. More than an hour later, Trump added: “And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at […]
“Zarif’s resignation letter was received by President Masoud Pezeshkian, who has not yet responded,” the official IRNA news agency reported, without giving further details. In a Monday post on X, Zarif said he had “faced the most horrible insults, slander and threats against myself and my family, and I have gone through the most bitter […]
This rate holds significant importance for traders, overseas Pakistanis, and businesses involved in cross-border transactions. But what factors are driving this exchange rate, and how does it impact Pakistan’s economy? What Influences the CAD to PKR Exchange Rate? The Canadian Dollar to PKR exchange rate is a product of intertwined economic strategies, worldwide market shifts, […]
