The SBP policy rate, after being slashed from 22pc in June 2024, now stands at 12pc. The Monetary Policy Committee (MPC) of the SBP met today to decide the Monetary Policy rate unchanged, while analysts were expecting a 50 to 100 basis points cut in the interest rate. The decision was announced after the Monetary […]
Multiple missile systems are being considered by Indonesia, not just those from BrahMos, spokesperson Frega Wenas said after Indonesia’s defence minister met with his counterpart from Vietnam, although he declined to name the other companies. In 2023, BrahMos, a company co-owned by the Indian and Russian governments, told Reuters it was in advanced discussions with […]
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, […]
The first phase of the deal expired at the beginning of March with no agreement on subsequent stages that should secure a lasting end to the war that erupted with Hamas’s October 7, 2023 attack on Israel. There are still differences over how to proceed, with Hamas calling for immediate negotiations on the next phase […]
He was addressing the media in Islamabad outside the Parliament House. Hanif Abbasi stated that Pakistan Railways will offer a 20per cent special discount to passengers traveling on Eidul Fitr. Millions of commuters travel from megacities to their hometowns on Eid, leading to increased demand for transport. While private transporters hike fares, many passengers prefer […]
Seabreeze will be most likely to keep blowing in the city with gentle wind speed. The intense hot weather expected to turn mild after March 12 due to increased wind speed, the Met Office predicted. Temperatures are expected to go down in Karachi after Wednesday, March 12. The Met Office had forecast a spike in […]
According to details, financial irregularities and fake recruitment scandals were exposed in the preliminary inquiry report. According to the report, six high-value commercial shops were leased out at extremely low prices to preferred individuals without following proper tendering and bidding procedures. The leases were also granted for an indefinite period. The security deposit of these […]
In her latest radio interview, Nora Fatehi opened up about her contemporaries and new actors doing dance numbers like her. However, while she was appreciative and confessed that some of them were really ‘good and classy’, the ‘Street Dancer’ actor slammed the PR agencies who’ve using her name and pulling down her performances to promote […]
In his latest interview, actor Govinda shared that he suggested the title ‘Avatar’ to James Cameron and was also offered a heavy paycheck to play the main role in the sci-fi epic, but despite being convinced that the film would be a major success, he turned the offer down because the character was ‘lame’. “I […]
The buying rate for the UK Pound (GBP) in exchange for the Pakistan Rupee (PKR) stood at 361.5 6while the selling rate is 365.00 in the open market on Monday. Let’s delve into what this signifies and examine how currency valuations operate. This rate indicates the value of one UK Pound in Pakistani Rupees and […]
