Category: News

Fuel prices likely to increase

ISLAMABAD: Petrol and diesel prices in Pakistan are expected to increase by up to Rs6.60 (2.5 percent) per litre for the next 15 days starting from July 16, 2025, according to an estimate of the petroleum industry. The estimated increase includes Rs6.60 per litre increase in petrol and Rs5.27 per

PKR Weakens Further

KARACHI: The Pakistani rupee continued to weaken against the US dollar, slipping by 0.09% in the inter-bank market on Monday. By the end of the trading session, the rupee settled at 284.72, marking a decline of Re0.26. Over the past week, the local currency also posted a loss, depreciating by

Rupee Inches Up by 0.04% Against US Dollar

KARACHI: The Pakistani rupee posted a slight gain against the US dollar on Friday, appreciating by 0.04% in the inter-bank market. The local currency closed at 284.46, up by Re0.10 from the previous day’s close of 284.56. Meanwhile, the US dollar strengthened globally amid renewed concerns over global trade disruptions,

Sugar Imports to Push Up Import Bill by $280 Million

ISLAMABAD: The government’s move to import 0.5 million tons of sugar — 300,000 tons through the Trading Corporation of Pakistan (TCP) and 200,000 tons via the private sector — is expected to raise the import bill by $275–280 million. However, it is unlikely to lead to a reduction in local

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