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Economy
Government Announces Rs 3,000 Reduction in October Electricity Bills: IMF Approves
Reduction in Electricity Bills: Up to 3,000 rupees off for bills of 300 units in October. Islamabad: To ease the burden of inflation and overbilling, the government has planned a relief for…
Pakistan Plans Economical Hajj Packages To Make Pilgrimage More Affordable
Islamabad, Pakistan - The Caretaker Minister for Religious Affairs and Interfaith Harmony, Aneeq Ahmed, has announced plans to offer more affordable Hajj packages for Pakistani citizens. The…
Pakistan’s Inflation Rate Records Slight Dip at 27.4% in August 2023
In a recent report by the Pakistan Bureau of Statistics (PBS), Pakistan's Consumer Price Index (CPI) based inflation registered at 27.4 percent in August 2023, marking a marginal decline…
Pakistani Rupee Weakens Against Sri Lankan Rupee; USD to PKR Rate Reaches 331 in Open…
The Pakistani Rupee (PKR) is facing a tough time as it has recently weakened against the Sri Lankan Rupee and other major currencies. This decline in value is a cause for concern for both…
Record Increase in Petrol Price Due to Dollar Impact
In an unexpected blow, the interim government has declared a hike in petroleum product prices, pushing petrol rates to an unprecedented Rs. 305.36 per liter.
According to…
New Petrol Prices Roll Out in Pakistan,16 August 2023
In a significant move, Pakistan's caretaker government has ushered in a substantial increase in petrol prices, casting a shadow over citizens' budgets. Effective from August 16, 2023, and…
Saudi Riyal Gains Strength Against Pakistani Rupee
On August 15th, 2023, the Pakistani rupee experienced a significant decline against the Saudi Riyal, raising concerns about the nation's economic stability. This drop in value can be…
Pakistani Rupee’s Decline Against US Dollar: Today’s Exchange Rates
On August 15, 2023, the Pakistani rupee experienced a sudden and significant depreciation against the US dollar, catching markets off guard. The dollar's upward momentum persisted throughout…
Independence Day Alert: Fuel Prices Expected to Rise in Pakistan
As Pakistan celebrates its 76th Independence Day, there's news that might concern everyone – petrol prices could go up again. For students wanting to understand what's happening, let's break…