Industry
Foreign exchange rates
KARACHI, Jan 23 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Friday. CONVERSION RATES FOR JANUARY 23, 2026 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS) SBP SETTLEMENT VALUE DATE JANUARY 27, 2026 USD 279.8457 GBP […]
Finance Minister meets Egyptian counterpart to enhance cooperation and share reform experiences
ISLAMABAD, Jan 22 (APP): Minister for Finance and Revenue, Senator Muhammad Aurangzeb, met today in Davos with Ahmed Kouchouk, Minister of Finance of the Arab Republic of Egypt, on the sidelines of the World Economic Forum Annual Meeting. The meeting focused on enhancing bilateral cooperation, exchanging ideas, and promoting knowledge sharing between Pakistan and Egypt […]
Pakistan seeks Australian expertise to enhance output of agriculture, livestock sectors
ISLAMABAD, Jan 22 (APP): Minister for National Food Security and Research Rana Tanveer Hussain on Wednesday chaired a high-level meeting with the Australian High Commissioner to Pakistan Timothy Kane, to discuss ways to enhance cooperation in agriculture and livestock. The meeting held on the instructions of the Prime Minister, which was also attended by Special […]
Finance Minister meets Bill Gates to strengthen cooperation on health and institutional reforms
ISLAMABAD, Jan 22 (APP): Minister for Finance and Revenue, Senator Muhammad Aurangzeb, Thursday in Davos met with Bill Gates on the sidelines of the World Economic Forum Annual Meeting. The meeting focused on Pakistan’s ongoing reform efforts, public health priorities, and avenues for strengthening cooperation with the Gates Foundation in support of sustainable development and […]
DGTO warns against illegal use of “Chamber” and “Association” Titles, orders unlicensed bodies to shut down
ISLAMABAD, Jan 22 (APP):The Directorate General of Trade Organizations (DGTO), Ministry of Commerce, has issued a public notice warning individuals and groups against the illegal use of protected trade body titles such as “Federation,” “Chamber,” and “Association.” In the notice, the DGTO reminded the public that it is the sole regulatory authority mandated under the […]
Nestlé announces $ 60 mln additional investment in Pakistan
ISLAMABAD, Jan 22 (APP):The multinational food and beverage company, Nestlé, on Thursday announced an additional investment of $60 million in Pakistan during a roundtable discussion on the sidelines of the World Economic Forum (WEF) in Davos. Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb chaired the high-level business roundtable, bringing together Chief Executive Officers […]
Kerb currency market
KARACHI, Jan 22 (APP):Following were the Opening Rates of foreign currencies in the kerb market issued by the Forex Association of Pakistan (FAP), here on Thursday. F.C. LOW RATE HIGH RATE […]
PoL imports shrink by 1.26% to $7.98 bln in 1st half
ISLAMABAD, Jan 22 (APP):The imports of the overall petroleum group decreased by 1.26 percent during the first half of the current fiscal year as compared to the corresponding period of last fiscal year, the Pakistan Bureau of Statistics (PBS) reported. The total imports of the petroleum group during July-December 2025 were recorded at 7,986.454 million […]
Gold prices fall by Rs800 per tola
ISLAMABAD, Jan 22 (APP):Gold prices registered a decline in the local market on Thursday as the price of 24-karat gold per tola decreased by Rs800 to settle at Rs505,562. The price of 10 grams of 24-karat gold fell by Rs686 to Rs433,437, while the price of 10 grams of 22-karat gold went down by Rs629 […]
Currency rates of NBP
KARACHI, Jan 22 (APP):Following are the selling/buying rates of major currencies issued by the National Bank of Pakistan (NBP), here on Thursday. CURRENCY SELLING BUYING USD 281.70 […]