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Rupee Maintains Upward Trend Against US Dollar

KARACHI: The Pakistani rupee extended its slight upward trend against the US dollar on Friday, closing at 276.91 in the inter-bank market—a marginal gain of 1 paisa (Re0.01) from Thursday’s settlement rate of 276.92. Read More: https://epaper.brecorder.com/2026/10/17/1-page/1123656-news.html

Petrol Price Cut, High-Speed Diesel Rates Kept Unchanged

The government has lowered petrol prices by Rs3.93 per litre for the next three days, effective October 17, while keeping the price of High Speed Diesel (HSD) unchanged. Following an official notification, petrol now costs Rs386.30 per litre (down from Rs390.23), whereas HSD remains at Rs396.96 per litre. Read More:

PKR Stays Firm, Gains Marginally in Inter-Bank Market

The Pakistani rupee edged up slightly against the US dollar on Thursday, gaining 0.01% in inter-bank trading. The local currency closed at 276.92 per dollar—up by 3 paisas from Wednesday’s closing level of 276.95. Read More: https://epaper.brecorder.com/2026/10/16/1-page/1123536-news.html

FBR Extends Tax Year 2026 Return Filing Deadline to October 31

Following requests from trade bodies and tax bar associations, the Federal Board of Revenue (FBR) has extended the income tax return filing deadline for Tax Year 2026 to October 31, 2026. As of October 15, 2026, the FBR had already received 6.9 million returns. Read More: https://epaper.brecorder.com/2026/10/16/1-page/1123533-news.html

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