Pakistan's foreign exchange reserves increased marginally during the week ended September 18, with reserves held by the State Bank of Pakistan (SBP) rising by $11 million to $21.4 billion. According to data released by the central bank on Thursday, the country's total liquid foreign reserves stood at $26.81 billion as of September 18, compared with the previous week. The total reserves included
Experts have called for stronger data governance in Pakistan’s banking sector amid the rapid expansion of the country’s digital payments ecosystem and its growing economic linkages with South Asia and the Gulf. Inflows of workers’ remittances hit USD 41.6 billion in FY26, while the State Bank of Pakistan (SBP) reported 9.1 billion retail payments worth PKR 612 trillion in CY25. With digital cha
The government has reduced ex-depot price of petrol by 84 paise per litre from Rs390.12 to Rs389.28 per litre. Similarly the price of High Speed Diesel (HSD) reduced by Rs2.63 per litre to Rs412.12 per. The revised prices are applicable for September 25, 2026. The Petroleum Division has announced lower ex-depot prices for petrol and HSD, based on the working of the Oil and Gas Regulatory Aut
Gold prices ticked up on Friday but were set to post a weekly loss, pressured by a stronger dollar and growing expectations that the Federal Reserve will keep interest rates elevated to contain inflation. Spot gold rose 0.2% to $4,288.36 per ounce by 0200 GMT, but was down 2% so far this week. US gold futures edged 0.6% higher to $4,323.10. The dollar was headed for a weekly gain, mak
Experts have called for stronger data governance in Pakistan’s banking sector amid the rapid expansion of the country’s digital payments ecosystem and its growing economic linkages with South Asia and the Gulf. Inflows of workers’ remittances hit USD 41.6 billion in FY26, while the State Bank of Pakistan (SBP) reported 9.1 billion retail payments worth PKR 612 trillion in CY25. With digital cha