“The IMF team has reached a staff-level agreement (SLA) with the Pakistani authorities on the first review of the 37-month Extended Arrangement under the Extended Fund Facility (EFF), and a new 28-month arrangement under the IMF’s RSF with total access over the 28 months of around $1.3 billion (SDR 1 billion). The staff-level agreement is […]
This was expressed by the Foreign Office Spokesperson Shafqat Ali Khan while responding to the reports regarding Pakistani journalists traveling to Israel. He clarified that Pakistani passports explicitly state they are not valid for travel to Israel, therefore, no such visit is possible under existing regulations. that Pakistan’s position on Israel remains unchanged, emphasizing that […]
In a post on X, Abraham said a “group of settlers” had set upon Ballal. “They beat him, and he has injuries in his head and stomach, bleeding. Soldiers invaded the ambulance he called and took him. No sign of him since,” Abraham wrote. The incident took place in the southern West Bank village of […]
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 […]
Despite recent rain spells that alleviated drought conditions in central and northern parts of the country, drought conditions are expected to persist in Sindh, southern Balochistan, and the lower eastern plains of Punjab. The PMD stated that the average temperature in the lower half of the country was 2-3 degrees Celsius more than normal during […]
The FIA has requested the court to grant custody of Armaghan to investigate his alleged involvement in money laundering. The trial court; however refused to grant his custody to FIA, maintaining that the authority to grant remand lies with the administrative judge. Armaghan was previously booked for his alleged involvement in forgery and fraud. A […]
As per details, millions of rupees have been embezzled through ‘forged court fees’ by showing ‘fake stamp papers. ’ According to judicial sources, court fees submitted in local courts were allegedly found to be counterfeit. The stamp papers of Rs1,500, 1,200, 500, and 200 were allegedly tampered with and converted into stamps valued at Rs15,000. […]
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 […]
