Business
Gold prices in Pakistan remained unchanged on Thursday, according to the All Pakistan Sarafa Gems and Jewelers Association. The rate for 24-karat gold was reported at Rs. 349,300 per tola, showing no movement from the previous day. Similarly, the price for 10 grams of 24-karat gold stood
Business
The Pakistani Rupee experienced mild depreciation on Wednesday, as several major foreign currencies registered gains in the open market. Analysts noted the movement as a reflection of ongoing global economic trends and fluctuating demand for foreign exchange. According to the latest market data, the US Dollar continued to edge upward,
Business
Cement prices in Pakistan saw a minor decrease during the week ending May 22, with rates dipping in northern regions while remaining largely unchanged in the south, according to the Pakistan Bureau of Statistics. The average retail price per 50kg bag of cement in northern cities dropped by 0.37%
Business
Petrol and diesel prices in Pakistan may see a reduction starting June 1, following a modest decline in international crude oil rates. Government sources suggest that the federal cabinet is likely to approve a price cut, offering relief to consumers burdened by high fuel costs. The expected adjustment comes as
Business
The federal government is considering a reduction in the federal excise duty (FED) on aerated beverages in the 2025–26 budget, in a move aimed at encouraging foreign direct investment (FDI), particularly from Turkish investors. According to Business Recorder, the plan is currently under review by budget planners and may
Business
Finance Minister Muhammad Aurangzeb has said that no final decision has been taken on increasing civil or military salaries ahead of the federal budget. However, he assured that the government is exploring ways to provide relief to salaried individuals through upcoming reforms. Speaking at an event in Islamabad, Aurangzeb emphasized
Business
The Pakistani Rupee (PKR) weakened against most major currencies on Monday, despite closing almost unchanged against the US Dollar (USD) in the interbank market. Throughout the day, the interbank rate hovered between 282 and 283 per dollar, before settling at 281.97—reflecting a marginal depreciation of 0.03 percent.
Business
The Saudi Riyal remained unchanged against the Pakistani Rupee in the open market on Monday, May 26, 2025, continuing its stable trend. According to local currency dealers, the buying rate stood at Rs75.17 while the selling rate remained steady at Rs75.72 — the same as the previous trading session.
Business
Gold and silver prices in Pakistan recorded a sharp rise on Friday, driven by international market trends and currency exchange fluctuations. The All Pakistan Sarafa Gems and Jewellers Association released updated rates showing substantial increases across the board. According to the latest figures, the price of 24-karat gold per
Business
The federal government is working on a proposal to impose Federal Excise Duty (FED) and additional sales tax on a wide range of popular packaged food items in the upcoming 2025-26 budget. The plan is aimed at generating Rs150 billion in additional revenue while protecting low-income consumers. According
Business
The Pakistani rupee experienced minor fluctuations in the open market on Friday, as global economic developments continued to influence foreign exchange trends. According to currency dealers, the US Dollar traded slightly higher, with the buying rate recorded at Rs282.55 and the selling rate at Rs284.25. The British Pound
Business
Pakistan is set to export 125,000 tonnes of mangoes during the upcoming season, with shipments beginning on May 25, according to the Pakistan Fruit and Vegetable Association (PFVA). The association expects the export drive to bring in around $100 million in foreign exchange. Chairman of the PFVA, Waheed Ahmed,