The Saudi Riyal’s selling rate was noted at Rs75.44. 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 […]
The AED/PKR exchange rate remains unchanged at 76.48. This maintains the consistent stability of the PKR against the Dirham. This achievement further underlines the firm economic footing of the UAE and demonstrates its prudent financial policies. This exchange rate indicates a decrease in financial uncertainty for many Pakistani expatriates in the UAE. The remittances sent […]
According to reports, a notification has been issued confirming a petrol price decrease by Rs 2 per litre. The new petrol prices will now be Rs 252.63 per litre, down from the previous rate. Along with this, high-speed diesel prices have also been cut, with a decrease of Rs 2 per litre. The new price […]
This stability comes amid fluctuating global currency markets and reflects the resilience of Bahrain’s economy as well as Pakistan’s efforts to manage its external sector pressures. The peg of the Bahraini Dinar to the US Dollar (1 BHD = 2.65 USD) provides an additional layer of stability, insulating it from some of the volatility seen […]
Why Is the Kuwaiti Dinar Strengthening? The Kuwaiti dinar, one of the world’s strongest currencies, is backed by Kuwait’s vast oil reserves and stable economy. Its value is influenced by global oil prices, the monetary policies of the Central Bank of Kuwait, and demand from foreign workers sending remittances. In contrast, the Pakistani rupee faces […]
The Indian rupee jumped out of the blocks to touch its year-to-date high of 84.95 per U.S. dollar before swinging to its day’s low of 85.3875. It ended down 0.3% at 85.2625. In contrast, its regional peers were lifted by hopes of softening global trade tensions. China’s yuan strengthened to a one-month high, while the […]
The values of currencies are influenced by supply and demand in the foreign exchange market, which is affected by factors such as inflation, interest rates, and trade balances. The economy of Bahrain, strengthened by oil revenues and a fixed exchange rate pegged to the US dollar (2.65 USD), contributes to the dinar’s steadiness. 1 Bahraini […]
As per National Database and Registration Authority (NADRA) data, the updated fee structure for the issuance and renewal of Smart National Identity Card (Smart CNIC) and Child Registration Certificate (B-Form), cost for a new Smart CNIC is 750 for normal processing, 1,500 for urgent, and 2,500 for executive processing. Child Registration Certificate (B-Form) fee is […]
While U.S. President Donald Trump has claimed progress is being made on trade with China and many other countries, actual evidence is lacking. Treasury Secretary Scott Bessent failed on Sunday to back Trump’s assertion that tariff talks with China were underway. “The uncertainty itself is at least as damaging as the tariffs themselves, hurting the […]
This slight increase demonstrates the ongoing subtle fluctuations in the foreign exchange market, which are influenced by economic factors in both the UAE and Pakistan. The value of currency is determined by supply and demand in the forex market, influenced by aspects such as trade balances, inflation, and monetary policies. The UAE Dirham, which is […]
