December 2025
Foreign exchange rates
KARACHI, Dec 31 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Wednesday. CONVERSION RATES FOR DECEMBER 31, 2025 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS) SBP SETTLEMENT VALUE DATE JANUARY 05, 2026 USD 280.1030 GBP […]
FBR clarifies safeguards on tax exemptions for imports into GB
ISLAMABAD, Dec 30 (APP): The Federal Board of Revenue (FBR) has taken note of concerns expressed by traders, stakeholders, and trade bodies about the proposed procedure regarding non-levy of federal taxes on goods imported for exclusive consumption in Gilgit-Baltistan (GB). The FBR hereby clarifies that a comprehensive and robust mechanism has been put in place […]
Banks to remain closed on Thursday: SBP
KARACHI, Dec 30 (APP): All the banks and financial institutions will remain closed for public dealing across the country on the first day of the new year 2026 as Thursday, January 01 is declared a Bank Holiday by the banking sector regulator. “The State Bank of Pakistan will remain closed for public dealing on Thursday, […]
BOI, in collaboration with CMG, organize seminar on Sino-Pak economic Partnership
ISLAMABAD, Dec 30 (APP): The Board of Investment (BOI), in collaboration with China Media Group (CMG), organized a seminar titled “Driving Innovation, Sharing Prosperity – A New Vision for China–Pakistan Economic Partnership” at the Board of Investment, Islamabad. Federal Minister for Board of Investment, Qaiser Ahmed Sheikh, attended the event as the Chief Guest. The […]
Banks to open till 10 pm on Wednesday for tax collection: SBP
KARACHI, Dec 30 (APP): The State Bank of Pakistan (SBP), on Tuesday, directed all banks to observe extended working hours on the last day of the calendar year 2025 to facilitate tax collection. “To facilitate taxpayers in making over-the-counter (OTC) payment of Government duties and taxes, all branches of commercial banks have been advised to […]
ECC approves TSGs, pays tribute to Dr. Shamshad Akhtar
ISLAMABAD, Dec 30 (APP): A meeting of the Economic Coordination Committee (ECC) of the Cabinet was held today at the Finance Division under the chairmanship of Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb.The meeting was attended by Federal Minister for Power Sardar Awais Ahmad Leghari, Federal Minister for Petroleum Ali Pervaiz Malik (who […]
Complete digitalization of EPZA inevitable for better performance: SAPM
ISLAMABAD, Dec 30 (APP): Special Assistant to the Prime Minister, Haroon Akhtar Khan, on Tuesday reviewed the challenges faced by the Export Processing Zones Authority (EPZA) and deliberated on its future course of action. Special Assistant to the Prime Minister, Haroon Akhtar Khan, chaired a meeting with the Board Members and CEO, Freedon Akram Sheikh […]
PSX gains 576 points to close at 174,472 points
ISLAMABAD, Dec 30 (APP): The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Tuesday closed bullish, gaining 576.45 points, a positive change of 0.33 percent, to settle at 174,472.80 points compared to 173,896.34 points on the previous trading day, according to PSX data. During the session, the ready market witnessed a trading volume […]
Rupee gains 01 paisa against US Dollar
ISLAMABAD, Dec 30 (APP): The Rupee on Tuesday appreciated by 01 paisa against the US Dollar in interbank trading and closed at Rs 280.15 compared to the previous day’s closing at Rs 280.16. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded […]
Gold prices decline by Rs10,700 per tola to Rs459,462
ISLAMABAD, Dec 30 (APP):The price of 24-karat gold decreased by Rs 10,700 per tola and was sold at Rs 459,462 on Tuesday as compared to Rs 470,162 on the previous trading day, All Pakistan Sarafa Gems and Jewellers Association reported. The price of 10 grams of 24 karat gold also dropped by Rs9,174 to Rs393,914 […]