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Diesel Price in Pakistan Slashed as Petrol Gets Rs2.97 Hike

Islamabad: Following a meeting with local refineries, the Petroleum Division has announced a significant reduction in High Speed Diesel (HSD) prices, effective August 20. The price has been slashed by 8.1 percent, offering substantial financial relief to transporters and farmers. Read More: https://epaper.brecorder.com/2026/08/20/1-page/1116218-news.html

Pakistani Rupee Extends Gains Against US Dollar

KARACHI: The Pakistani rupee maintained its marginal upward trend against the US dollar for another week, gaining 0.02% in the interbank market. The local currency closed at Rs277.65 per US dollar, appreciating by Re0.06 from the previous week’s closing rate of Rs277.71. Read More: https://epaper.brecorder.com/2026/08/17/10-page/1115877-news.html

PSX Falls 1,325 Points Amid Geopolitical Risks

KARACHI: The Pakistan Stock Exchange (PSX) ended the week on a weaker note, with investor sentiment dampened by uncertainty surrounding the extension of the US-Iran ceasefire and growing concerns over oil supplies through the Strait of Hormuz and the Red Sea, despite encouraging domestic fiscal and external-sector indicators. Read More:

Pakistani Rupee Gains Slightly Against US Dollar

KARACHI: The Pakistani rupee posted a slight gain against the US dollar on Wednesday, continuing its upward trend in the interbank market. The local currency closed at Rs277.75 against the greenback, improving by Re0.01 from Tuesday’s closing rate of Rs277.76. Read More: https://epaper.brecorder.com/2026/08/06/1-page/1114511-news.html

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