Pakistan’s exports to major European markets have slowed down during the first nine months of the current fiscal year, even though the country enjoys Generalized Scheme of Preferences Plus (GSP+) status from the European Union. This situation has raised concerns among exporters and policymakers. According to official data, exports to European countries during July-March 2025-26…
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Pakistan is close to receiving the next tranche of about $1.2 billion from the International Monetary Fund (IMF), while the government’s petroleum levy collections have crossed Rs1.2 trillion, which is being described as a significant step towards achieving fiscal targets. According to sources, Pakistan has successfully passed the third review of the IMF’s Extended Fund…
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The Pakistani government has announced six new transit routes to ensure the flow of goods to Iran, while more than 3,000 containers have been waiting for clearance at the Karachi port for several days. This development has come at a time when regional tensions and the situation in the Strait of Hormuz have affected global…
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Iranian Foreign Minister Seyyed Abbas Araqchi once again visited Islamabad on a short but important visit, which is being described as part of the rapid diplomatic activities underway in the region. After high-level meetings, he left with his delegation. According to diplomatic sources, Abbas Araqchi arrived at the Noor Khan Air Base on his return…
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The federal government has launched a major crackdown on the multi-billion rupee over-invoicing scandal in the import of solar panels, with the prime minister approving the formation of two high-level committees to ensure action, investigation and prosecution of those responsible. The move comes after customs officials revealed that billions of rupees were involved in the…
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Today, the following international forex rates (open market buying rates) in pakistan are being observed as: International Forex Rate (PKR Buying Rates) Currency Code PKR Buying Rate US Dollar USD 279.25 UK Pound GBP 375.90 Euro EUR 326.00 UAE Dirham AED 76.20 Saudi Riyal SAR 74.80 Qatari Riyal QAR 76.70 Omani Riyal OMR 728.70 Kuwaiti…
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Today, the following buying and selling rates in today’s interbank in pakistan are being observed as follows: Flag Code Currency Buying Selling USD US Dollar 278.75 279.25 GBP UK Pound 375.26 375.94 CHF Swiss Franc 354.81 355.45 EUR Euro 325.58 326.16 SGD Singapore Dollar 218.01 218.40 CAD Canadian Dollar 203.38 203.74 AUD Australian Dollar 198.55…
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Today, the following buying and selling rates in today’s open market in pakistan are being observed as follows: Flag Code Currency Buying Selling USD US Dollar 279.20 279.85 GBP UK Pound 375.87 381.25 AED UAE Dirham 75.90 76.95 SAR Saudi Riyal 74.40 75.35 QAR Qatari Riyal 71.30 72.75 OMR Omani Riyal 721.30 732.45 KWD Kuwaiti…
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Continuing a whirlwind diplomatic mission aimed at regional de-escalation, Iranian Foreign Minister Seyed Abbas Araghchi reached Oman on Saturday. Leading a senior diplomatic delegation, Araghchi is seeking to build a regional consensus on ending hostilities involving US and Israeli forces before heading to Moscow for the final stage of his tour. The mission gained significant…
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Iranian President Masoud Pezishkian has made it clear in two words that Tehran will not sit at the negotiating table under any kind of pressure, threats or economic blockade. According to Mehr News Agency, the Iranian President discussed the current situation in the region and diplomatic efforts in detail in a telephone conversation with Prime…
