Business
The Pakistani rupee maintained its winning run on Monday, rising for the 32nd consecutive session versus the US dollar in the interbank market. It finished marginally higher at Rs. 281.45, up one paisa from the previous day. Read more: Kitchen Essentials See Fresh Hike Across Pakistan According to the
Business
The Economic Policy and Business Development (EPBD) think tank strongly criticized the Monetary Policy Committee’ decision to keep the policy rate unchanged at 11 percent, and rated it “poor decision” that imposes the heaviest burden on taxpayers in the region. Chairman of the think tank and former caretaker federal minister,
Business
The State Bank of Pakistan (SBP) is preparing to launch a pilot project for a central bank digital currency (CBDC), with final steps underway to introduce legislation to regulate virtual assets, Governor Jameel Ahmad announced at the Reuters NEXT Asia summit in Singapore on Wednesday. Speaking at the event, the
Business
The exchange rate between the Saudi Riyal (SAR) and the Pakistani Rupee (PKR) remained unchanged in the open market on Monday, June 2, 2025. As reported by currency traders, the buying rate was recorded at Rs75.17, while the selling rate experienced a minor fluctuation, settling at Rs75.97. Experts
Business
The State Bank of Pakistan has rolled out a national campaign to promote digital payments at livestock markets ahead of Eidul Azha, aiming to reduce the heavy reliance on cash during the festive shopping period. The initiative, titled Go Cashless, is being implemented in 54 selected cattle markets across the
Business
Binance Founder Changpeng Zhao, is also known as CZ, has been appointed as a strategic adviser to the Pakistan Crypto Council (PCC). The meeting was chaired by Finance Minister Muhammad Aurangzeb and brought together stakeholders, including the Securities and SECP chairman, the State Bank of Pakistan (SBP) governor and the
Corporate
In a much-awaited turnaround, the Pakistani rupee has put an end to its ten-session losing streak against the US dollar, managing to secure a marginal gain to settle at 305.47. This shift comes as a breath of fresh air for Pakistan's financial markets, which have
National
The Pakistani rupee continues to face downward pressure against the US dollar, even with the recent surge in dollar inflows. For the second consecutive session, the rupee depreciated by Rs1.67, closing at Rs279.26 in the interbank market on Monday. The recent appreciation in the dollar by Rs2.81