Business

Pakistan’s Forex reserves drop by $69 million in a week

ISLAMABAD: The State Bank of Pakistan (SBP) reported a $69 million drop in its foreign exchange reserves over the past week. According to the central bank, its reserves now stand at $14.4566 billion. Meanwhile, commercial banks h eld $5.469 billion in reserves. This brings Pakistan’s total foreign exchange reserves to $19.9175 billion. The decline comes

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Gold prices fall for second consecutive day in Pakistan

Gold prices may increase further as import ratio declined in Pakistan

ISLAMABAD: Gold prices in the country are likely to increase further, as imports have declined due to high prices of the precious metal. Import documents reveal that not a single kilogram of gold was imported from any country in June, and compared the May 100% decrease in gold imports recorded in June compared. According to

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gold rates

Gold prices surge in Pakistan, reaching Rs. 358,100 per tola

KARACHI: Gold extended its rally for a third consecutive day in both Pakistani and international markets, according to data released Saturday by the All Pakistan Saraf and Jewelers Association (APSJA). Domestic gold surged by Rs 1,100 per tola, reaching Rs 358,100. In global trading, gold rose $11 per ounce to $3,356. The three-day cumulative increase

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Toyota hikes car prices up to Rs. 600000 after federal budget

KARACHI: Toyota Indus Motor Company (IMC) has increased prices across its vehicle lineup following Pakistan’s federal budget 2025-26, citing the government’s new NEV (New Enhanced Valuation) levy as the primary cause. The move comes after similar announcements from Honda, Suzuki, and Changan, signaling industry-wide adjustments. Price hikes range from Rs. 49,000 to Rs. 570,000, with

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