1 min read

Rupee gains 01 paisa against US Dollar

ISLAMABAD, Jan 2 (APP):The Rupee on Friday appreciated by 01 paisa against the US Dollar in interbank trading and closed at Rs 280.11 compared to the previous day’s closing at Rs 280.12. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded at […]

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Foreign exchange rates

KARACHI, Jan 02 (APP): The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Friday. CONVERSION RATES FOR JANUARY 02, 2026 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS) SBP SETTLEMENT VALUE DATE JANUARY 06, 2026      USD      280.0962     […]

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Pakistan’s total liquid foreign reserves stand over $21 billion

KARACHI, Jan 01 (APP): The total liquid foreign reserves of Pakistan stood US$ 21,012.2 million as of December 26, 2025 while the reserves held by the State Bank of Pakistan rose to $ 15,915.1 million. “During the week ended on 26-Dec-2025, SBP’s FX reserves increased by US$ 13 million to US$ 15,915.1 million,” the central […]

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Pakistan’s economy shows robust recovery with 3.71% GDP, growth to first quarter of FY2026

ISLAMABAD, Dec 31 (APP): Pakistan’s economy is gaining momentum, driven by a broad-based industrial rebound, resilient agriculture, and prudent fiscal management that delivered a surplus in the first quarter of FY2026, according to the Federal Ministry of Finance’s Monthly Economic Update and Outlook (December 2025) on Wednesday. The GDP growth hits 3.71% led by industry […]

1 min read

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  […]

1 min read

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, […]

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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 […]

1 min read

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 […]

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ADB President mourns passing of Dr Shamshad Akhtar

ISLAMABAD, Dec 28 (APP): President of the Asian Development Bank (ADB) Masato Kanda on Sunday expressed deep shock and grief over the passing of Dr Shamshad Akhtar, paying rich tribute to her distinguished career and lasting contributions to regional development and public service. In a condolence message posted on X, Masato Kanda said he had […]

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Rupee gains 03 paisa against US Dollar

ISLAMABAD, Dec 26 (APP): The Rupee on Friday appreciated by 03 paisa against the US Dollar in interbank trading and closed at Rs 280.17 compared to the previous day’s closing at Rs 280.20. According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market were recorded […]