Tag: Economy


  • SBP to stay closed for Eid-ul-Adha from June 6–9

    June 03, 2025 (MLN): The State Financial institution of Pakistan (SBP) has introduced that it’ll stay closed from June 06 to June 09, 2025 (Friday to Monday) being public holidays on the event of Eid-ul-Adha. This has been notified by means of an official round issued by the SBP at present. Copyright Mettis Hyperlink Information     Posted on:…

  • PKR rises by 5 paisa in opposition to USD

    June 02, 2025 (MLN): The Pakistani rupee (PKR) elevated by 5.10 paisa or 0.02% in opposition to the US greenback in Monday's interbank session to settle the commerce at PKR 281.97 per USD, in comparison with earlier closing of 282.02. All through the day, the foreign money noticed an intraday excessive (bid) of 282.5 and a…

  • Govt declares June 6–9, 2025 as public holidays for Eid-ul-Azha

    1 PKR 282.00000 282.05000 282.15000 281.95000 03:02 PM 2 EUR 1.14201 1.14202 1.14380 1.13533 09:56 AM 3 GBP 1.35252 1.35261 1.35575 1.34685 09:56 AM 4 CHF 0.81760 0.81780 0.82298 0.81572 09:56 AM 5 JPY 142.89300 142.90200 143.79700 142.62100 09:56 AM 6 CAD 1.37012 1.37025 1.37283 1.36748 09:56 AM 7 AUD 0.64781 0.64783 0.64893 0.64330 09:56…

  • Ahsan Iqbal urges swift launch of KKH section II, ML-1 initiatives

    June 02, 2025 (MLN): The urgency of launching the Karakoram Freeway (KKH) Part II improve and the Predominant Line-1 (ML-1) railway mission—thought of strategic arteries of Pakistan’s financial future—was emphasised by the Federal Minister for Planning, Improvement & Particular Initiatives, Ahsan Iqbal. This was mentioned throughout a luncheon hosted on the Minister’s residence in honor of…

  • Gold worth in Pakistan rises Rs5,900 per tola

    June 02, 2025 (MLN): Gold worth in Pakistan elevated on Monday, with pure gold being offered at Rs353,100 per tola, up Rs5,900. Equally, pure gold per 10-gram was offered at Rs302,726 after a acquire of Rs5,058, in keeping with charges shared by the All-Pakistan Gems and Jewelers Sarafa Affiliation (APGJSA). The value of 22-karat gold…

  • Might inflation rise to three.5%

    June 02, 2025 (MLN): Pakistan's inflation rose to three.5% in Might 2025, in comparison with 0.3% within the earlier month and 11.8% in Might 2024, the newest knowledge issued by the Pakistan Bureau of Statistics (PBS) confirmed. On a sequential foundation, inflation deceased by 0.2% in comparison with the earlier month's lower of 0.8%. Accordingly, the typical yearly inflation for 11MFY25…

  • Saudi Riyal to PKR change price

    June 02, 2025 (MLN): The present change charges for the Saudi Riyal (SAR), UAE Dirham (AED), and Qatari Riyal (QAR) towards the Pakistani Rupee (PKR) as of [2 pm PST] confirmed minor actions in immediately’s session, sustaining a largely steady development. SAR was qouted at 75.10 for getting and 75.85 for promoting. AED adopted swimsuit, with…

  • Weekly Market Roundup – Mettis World Hyperlink

    Could 31, 2025 (MLN): The market skilled a range-bound efficiency all through the week, primarily influenced by uncertainty surrounding potential income measures anticipated within the upcoming Federal Finances for Fiscal Yr 2026. Consecutively, the bench mark KSE 100 index acquire 588.42 factors or 0.49%, closing the session at 119,691.09 in comparison with the earlier week’s shut of 119,102.67. Intraday…

  • Okay-Electrical CEO proposes load shedding plan for Karachi

    Could 31, 2025 (MLN): In a bid to attenuate load shedding in Karachi, a brand new system has been proposed by Okay-Electrical CEO Moonis Alvi. Citing the first explanation for energy outages, he revealed that 300 out of the town’s 2,129 feeders account for 87% of complete losses. He said that if the federal government takes…

  • Pakistan to determine Digital Property Regulatory Authority

    Could 30, 2025 (MLN): The groundwork for the institution of the Pakistan Digital Property Regulatory Authority (PVARA)—a proposed autonomous physique to supervise the digital finance and crypto ecosystem in Pakistan—might be mentioned throughout a gathering of the Pakistan Crypto Council on Monday, 2nd June 2025. The assembly might be chaired by Senator Muhammad Aurangzeb, Federal Minister…