Foreign exchange rates in Pakistan are showing mixed but stable movement on 1 May 2026 as major global currencies continue to reflect steady demand in both open market and interbank trading systems. The rupee is maintaining controlled fluctuations against key international currencies, supporting short-term economic stability. US Dollar to PKR The US dollar to PKR…
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Today, the following bank buying and bank selling rates in today’s interbank in pakistan are being observed as follows Interbank Forex Rates Pakistan Today – 1 May 2026 Interbank Forex Rates (PKR) – 1 May 2026 Flag Currency Bank Buying Bank Selling US Dollar USD 278.7 279.20 UK Pound GBP 375.52 376.19 Saudi Riyal SAR…
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Today, the following buying and selling rates in today’s open market in pakistan are being observed as follows: Open Market Forex Rates Pakistan Today – 1 May 2026 Open Market Forex Rates (PKR) – 1 May 2026 Currency Code Buying (PKR) Selling (PKR) US Dollar USD 279 279.80 UK Pound GBP 376.05 381.81 UAE Dirham…
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After the government hiked the prices of petroleum products, the public will face another economic pressure, while the authorities have denied any disruption in fuel supply. According to the Petroleum Division Pakistan, the price of high-speed diesel has been increased by Rs 19.39 per litre, after which the new price has become Rs 399.58. Similarly,…
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Prime Minister Shehbaz Sharif has decided to extend the fuel subsidy period by one month in an important meeting on Thursday to provide relief to the economically weaker sections. According to a statement issued by the Prime Minister’s House, this relief will continue for motorcyclists, rickshaw drivers and public and freight transport. The Prime Minister…
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The Pakistan Stock Exchange (PSX) witnessed a bloodbath on Thursday, with the benchmark KSE-100 index plummeting by over 1.7% as the market reacted violently to the recent 100-basis-point hike in the policy rate. The index opened at 164,357.47 points but quickly spiraled downward, hitting an intraday low of 160,391.19. By the closing bell, the KSE-100…
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Economic uncertainty continues to weigh heavily on the Islamic index at the PSX, as the KMI-30 closed the day with a significant loss of 4,583 points. The 1.92% drop reflects a cautious sentiment among investors as the Calendar Year to Date (CYTD) return remains in negative territory at -5.81%. The market wrap for April 30…
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The latest diplomatic efforts to ease tensions between Iran and the US have collapsed after President Donald Trump refused to accept Iran’s plan to ease its grip on the Strait of Hormuz in exchange for lifting the naval blockade. Trump made it clear in a media interview that he is not in favor of lifting…
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Title (SEO Title): Meta Description: News: The KMI-30 Index of the Pakistan Stock Exchange (PSX) witnessed a severe bearish trend on April 29, 2026, and the index recorded a huge decline of 3,152.79 points. This decline is evidence that there is severe selling pressure in the market, which indicates a decrease in investor confidence. The…
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The Pakistan Stock Exchange witnessed a sharp decline on Wednesday, with the KSE-100 index closing at 165,823 points with a decline of 1.54 percent, reflecting a decline of 2,588 points. The index opened at 168,863 points and initially touched a high of 169,686 points, but later fell to a low of 165,391 points due to…