Trade
Uzbekistan willing to launch value-added joint ventures: Minhojiddin Raufov
FAISALABAD, Jan 20 (APP):Minhojiddin Raufov, Head of Uzbek Trade Delegation, said that Uzbekistan is willing to launch value-added joint ventures with Pakistani counterparts to fully exploit the available raw material available in the both countries. Addressing the business community during a meeting in the Faisalabad Chamber of Commerce & Industry (FCCI), he appreciated the progress […]
Rupee gains 03 paisa against US Dollar
ISLAMABAD, Jan 19 (APP):The Rupee on Monday appreciated by 03 paisa against the US Dollar in interbank trading and closed at Rs 279.92 compared to the previous day’s closing at Rs 279.95. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded at […]
Gold prices surge by Rs7,500 per tola
ISLAMABAD, Jan 19 (APP):Gold prices witnessed a sharp increase in the local market on Monday, as the price of 24-karat gold per tola surged by Rs 7,500 to settle at Rs 489,362. The price of 10 grams of 24-karat gold increased by Rs6,431 to Rs419,549, according to the All Pakistan Sarafa Gems and Jewellers Association. […]
CDNS realized Rs725bn savings inflows by Jan 16th in FY 2025-26
ISLAMABAD, Jan 19 (APP):The Central Directorate of National Savings (CDNS) has collected Rs725 billion in savings inflows from July 1st to January 16th of the current fiscal year 2025-26, achieving over half of its annual target and reflecting steady progress in promoting a savings culture in the country. According to officials, the CDNS has set […]
Kerb currency market
KARACHI, Jan 19 (APP):Following were the Opening Rates of foreign currencies in the kerb market issued by the Forex Association of Pakistan (FAP), here on Monday. F.C. LOW RATE HIGH RATE […]
Pakistan’s Kinnow exports remain on strong trajectory despite Afghan market closure
ISLAMABAD, Jan 19 (APP):Under the proactive leadership of Jam Kamal Khan, Federal Minister for Commerce, Pakistan’s kinnow exports have continued to register strong growth despite the closure of the Afghan market, highlighting the success of timely policy measures and export diversification efforts led by the Ministry of Commerce. Despite the disruption of a traditionally significant […]
Foreign exchange rates
KARACHI, Jan 19 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Monday. CONVERSION RATES FOR JANUARY 19, 2026 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS) SBP SETTLEMENT VALUE DATE JANUARY 21, 2026 USD 279.9030 GBP […]
Pakistan’s $13 billion defence exports signal structural shift in economy, industry
ISLAMABAD, Jan 16 (APP): Pakistan’s $13 billion defence export pipeline can transform the country from a marginal arms exporter into a meaningful global defence supplier with major macroeconomic benefits. Pakistan is confidently emerging as a credible global defence exporter, underpinned by an estimated $13 billion defence export pipeline that reflects strengthened geopolitical standing, proven indigenous […]
Pakistani carpets still in high demand in global markets: PCMEA
LAHORE, Jan 18 (APP):Pakistan Carpet Manufacturers and Exporters Association (PCMEA) Acting Chairman Riaz Ahmad said on Sunday that Pakistan can enhance its ancient handmade carpet export industry by resolving problems of this vital industry as Pakistani carpets are still in high demand in the international market. Chairing a meeting of the Association’s Executive Committee (EC) […]
KATI expresses deep concern over Gul Plaza fire, commends Rescue efforts
KARACHI, Jan 18 (APP):The President of the Korangi Association of Trade and Industry (KATI), Muhammad Ikram Rajput, along with Acting Patron-in-Chief Zubair Chhaya, has expressed profound sorrow and concern over the recent fire at Gul Plaza on M.A. Jinnah Road, Karachi. In a joint statement, they extended heartfelt condolences to the families of those affected […]