SBP Accused of Massive Mismanagement in Audit Report
The Auditor General of Pakistan (AGP) has uncovered financial irregularities worth more than Rs243 billion at the State Bank of Pakistan (SBP), raising sharp concerns over governance failures at the country’s top financial regulator. The audit for…
Pakistani Rupee Edges Stable, Minor Movements in Global Currencies
The Pakistani rupee remained largely stable against the US dollar on Tuesday, trading at Rs 282.9 in the open market, while the selling rate stood at Rs 283.70. The interbank rate also hovered at Rs 282.9, reflecting little change from the previous…
Pakistan Stocks Slip after Rally, Banks and Energy Weigh
The Pakistan Stock Exchange (PSX) opened lower on Wednesday, with the benchmark KSE-100 Index losing nearly 400 points in the first half-hour of trading. At 9:40am, the index stood at 156,181.72, marking a decline of 381.80 points, or 0.24%. Analysts…
$5bn Trade Goal Set as Pakistan–Türkiye Expand Cooperation Roadmap
Pakistan and Türkiye on Tuesday emphasized on accelerating the expansion and implementation of the “Pakistan–Türkiye Trade in Goods Agreement”, ensuring that it delivers genuine and balanced market access. “We have also recognized the importance of…
Gold Touches All-Time High in Pakistan
Gold and silver prices in Pakistan soared to record levels on Tuesday, September 9, 2025, continuing a steady upward trend in precious metals. According to the All Pakistan Sarafa Gems and Jewellers Association, 24-carat gold per tola rose by Rs 4,100,…
Devaluation Has Failed Pakistan for 50 Years: Ejaz
Chairman Economic Policy and Business Development (EPBD) think tank Gohar Ejaz has strongly opposed repeated calls for rupee devaluation, stressing that the real solution to Pakistan’s economic challenges lies in building export competitiveness rather…
KSE-100 Surges as Remittances, Global Cues Boost Momentum
The Pakistan Stock Exchange (PSX) opened Tuesday on a bullish note, with the benchmark KSE-100 index rising more than 600 points in early trading. By 9:40am, the index stood at 156,732.92, up 645.62 points or 0.41%. Buying was strong in cement, banking,…
Gold Soars to Rs384,000 Per Tola in Record Surge
Gold prices in Pakistan hit unprecedented highs on Monday, marking one of the sharpest single-day increases in recent history. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-carat gold surged by Rs6,100 per tola,…
Islamabad May Tax These Items to Fund New Medical Complex
The federal government is weighing new local taxes in Islamabad to fund the upcoming Jinnah Medical Complex and Research Centre, a Rs212 billion project planned in the H-16 sector. According to media reports, items such as junk food and cigarettes may be…
Pakistan stocks hit fresh record as rally gathers pace
The Pakistan Stock Exchange (PSX) opened the week on a historic note as the benchmark KSE-100 Index crossed 155,000 points for the first time on Monday. At 10am, the index was trading at 155,551.95, up 1,274.76 points or 0.83%. Buying momentum was strong…