Pakistan’s Foreign Exchange Reserves Reach $21.6 Billion, SBP Reports Modest Increase
Pakistan’s total liquid foreign exchange reserves stood at $21.60 billion during the week ending March 6, 2026, according to data released by the State Bank of Pakistan (SBP) on Thursday. The figures reflect a modest increase in the country’s reserves amid ongoing efforts to strengthen foreign currency holdings. The central bank held $16.34 billion of […]
FTO Orders FBR to Adjust Refunds Before Recovering Super Tax
The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to recover Super Tax from taxpayers only after adjusting any pending refund claims. In an order issued on Wednesday, the ombudsman stated that forcing taxpayers to pay Super Tax in cash while their refunds are still pending is unfair. The FTO said […]
Pakistan Receives Over $5 Billion in Foreign Assistance During First Seven Months of FY26
Pakistan received $5.17 billion in foreign financial assistance during the first seven months of the current fiscal year, according to data released by the Economic Affairs Division. This amount shows an increase of 12.77 percent compared with $4.58 billion received during the same period last year. In January 2026, the country received about $626 million […]
Gold Prices Rise Again in Pakistan as Global Market Strengthens
Gold prices in Pakistan increased on Wednesday following a rise in international gold rates. The price of gold in the local market moved higher as global demand and market trends pushed prices upward. According to data shared by the All-Pakistan Gems and Jewellers Sarafa Association, the price of gold per tola increased by Rs. 3,700 […]
Pakistan Reaffirms Strong Support for Saudi Arabia Amid Rising Regional Tensions
Pakistan has reaffirmed its commitment to support Saudi Arabia whenever necessary, according to a statement from the spokesperson of Shehbaz Sharif. In an interview, government representative Mosharraf Zaidi said that Pakistan would stand by Saudi Arabia under any circumstances. Zaidi explained that the relationship between the two countries has always been based on mutual support. […]
Pakistan Moves Closer to 5G Rollout After Successful Spectrum Auction
PTA is preparing to take another important step toward launching 5G mobile services in Pakistan. The authority will organize the Spectrum Auction Assignment Stage on March 12, 2026, to determine the exact frequency positions that will be allocated to telecom operators. The event will take place at the PTA Auditorium in Islamabad. During this stage, […]
PSX Rebounds Strongly as KSE-100 Jumps Over 9,000 Points After Global Optimism
The Pakistan Stock Exchange witnessed a strong recovery on Tuesday after a sharp sell-off a day earlier. The benchmark KSE-100 Index surged by more than 9,000 points in early trading as investor confidence returned to the market. At around 9:16 am, the index reached 155,783.89 points, showing a rise of 9,303.75 points, or 6.35 percent, […]
Oil Prices Drop After Peace Signals Ease Global Supply Fears
Global oil prices fell on Tuesday after reaching their highest levels in more than three years a day earlier. The decline came after Donald Trump suggested that the ongoing conflict in the Middle East could end sooner than expected, reducing fears of long-term disruptions to global oil supplies. The price of Brent Crude dropped by […]