State Bank offers incentives for money changers bringing dollars
If remittances increase by 5% or reach up to $25m annually, reward will rise to Rs3 per dollar
Money
Dollar keeps poise ahead of Fed minutes
New Zealand dollar slumps to lowest since Aug 19 at $0.60705, after reserve bank cut interest rates
PSX-100 index crosses historic 86,000 points mark for first time
The milestone is a groundbreaking moment for Pakistan's financial market
Oil prices steady after sliding on potential Israel-Hezbollah ceasefire
Data shows US crude oil stocks rose by nearly 11m barrels last week, much more than expected
Inflation, policy rate expected to decline further: Finance Minister Aurangzeb
FinMin says government's economic reforms show signs of progress
Gold price per tola sees drop in Pakistan
Silver market remained stable, with price of silver holding at Rs3,050 per tola
Saudi Riyal to PKR latest exchange rate today
Riyal sheds against Pakistani Rupee in open market
Dollar drifts near 7-week highs as traders consider US rates outlook
Traders have drastically shifted their monetary easing expectations from Federal Reserve this year
Wall Street indexes slip with interest rates, Middle East in focus
Besides next month's Fed meeting, investors wait for Consumer Price Index inflation reading for Sept
PSX hits historic high, surpasses 85,000-point milestone
Benchmark KSE-100 index surges by 500 points, rising to all-time high of 85,410 points
UK consumer spending rises ahead of annual budget, surveys show
British Retail Consortium says spending in shops increased by 2.0% in annual terms in September
Oil edges lower after rallying to highest in over a month
Rally began after Iran launched missile barrage on Israel on Oct 1; Israel has sworn to retaliate
China stock markets reopen with a roar after week-long break
Hong Kong shares, by contrast, sell off heavily with Hang Seng down 6.8% as investors take profits
Oil markets climb amid Middle East tensions
Global stock markets diverge
Gold prices in Pakistan increase once again
Silver prices in local market remain steady at Rs3,050 per tola
Saudi Riyal to PKR latest exchange rate today
Riyal sheds against Pakistani Rupee in open market
Gold prices per tola decline in Pakistan
Silver prices in local market remain steady at Rs3,050 per tola
UAE gets its first gambling license
Las Vegas-based casino firm says it's developing luxury resort at Wynn Al Marjan Island in Ras Al Khaimah
Dow registers record high close; US jobs data eases economic worries
US job gains increased in September by the most in six months, unemployment rate fell to 4.1%
Oil settles up, biggest weekly gains in over a year
On weekly basis, Brent crude gains over 8%, most in a week since Jan 2023. WTI gained 9.1% week-over-week
FAO reports fastest rise in global food prices since March 2022
Global food prices surge in September as sugar costs soar amid Brazilian crop challenges
Sri Lanka's new president navigates IMF bailout amid austerity measures
IMF emphasises importance of sustaining reforms as Sri Lanka’s new leader seeks changes to bailout terms
Saudi Riyal to PKR latest exchange rate today
Saudi riyal gains against Pakistani rupee in open market
Gold prices in Pakistan surge massively
Silver prices in local market remain steady at Rs3,050 per tola
IMF says escalation of Middle East conflict poses economic risks
Spokesperson says global lender closely monitoring Lebanon situation with 'grave concern'
FINANCE
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Pakistan signs strategic MOUs with Abu Dhabi ports group for infrastructure development
Partnership focuses on modernizing maritime, railway, and aviation sectors with SIFC support
Pakistan-IMF talks show positive progress, says minister of state
Ali Pervaiz says govt briefed IMF on recent reductions in inflation, positive impacts on economy
Dollar depreciates slightly against Pakistani rupee
In interbank trading, US currency value drops to Rs277.70
KSE-100 Index crosses 94,000 points on positive IMF talks
KSE-100 Index climbs by 713 points to reach record level of 94,068 points
Provinces to brief IMF team on delayed law for 45% agri tax
IMF team to also be briefed on provincial budget surplus targets
AUTO
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NEPRA announces Rs10.1 per unit electricity price hike for Karachi
Increase will not apply to lifeline consumers of KE or vehicle charging stations
Nepra drops another power bomb on electricity consumers
Price hike comes as part of April's monthly fuel adjustment, according to notification
NEPRA drops another electricity bomb
14% interest rate will be charged on installments
Nepra announces electricity price increase for June-August
Price hike to impose burden of over Rs46bn on power consumers, applicable to K-Electric consumers also
New oil and gas reserves discovered in Khyber Pakhtunkhwa
305 barrels of crude oil and 2.5 million cubic feet of gas reserves found
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