Author: News Roundup
KARACHI: Currency Exchange: The foreign exchange market in Pakistan remained stable on the latest trading day, with major international currencies—including the US Dollar, Euro, and British Pound—continuing to dominate trading levels. US Dollar was recorded at Rs279.00 for buying and Rs279.80 for selling, maintaining its steady position in the market. The Euro stood at Rs325.58 (buying) and Rs330.83 (selling), while the British Pound was quoted at Rs376.05 and Rs381.81 respectively. UAE Dirham traded at Rs75.95 (buying) and Rs76.95 (selling). Saudi Riyal was noted at Rs74.35 and Rs75.40, while Qatari Riyal stood at Rs73.25 and Rs74.25. Omani Riyal and Bahraini Dinar remained…
KARACHI: Heatwave alerts have been issued in various districts of Sindh due to intense heat, while a weather forecast has also been issued for Karachi. The Meteorological Department has issued a heatwave alert, saying that the weather is likely to remain hot, extremely hot and dry in most parts of Sindh province. The central and upper areas of the province will remain under the grip of heatwave until May 3. Under the influence of this situation, the districts of Jamshoro, Dadu, Shaheed Benazirabad, Kashmore, Ghotki, Sanghar, Khairpur, Nowshera Feroze, Jacobabad, Larkana and Sukkur will be affected by intense heat. According…
A bright, golden full moon lit up the night sky, captivating skywatchers and photographers. The moon appeared larger and more vivid than usual, likely due to its low position near the horizon, which can create an optical illusion known as the “moon illusion.” Clear weather conditions in many regions allowed for an unobstructed view, prompting widespread sharing of images on social media. Astronomers note that such striking lunar displays are not uncommon but continue to draw public fascination.
ISLAMABAD: Labor Day is being celebrated all over the world, including Pakistan. The laborers, who are crushed by inflation, unemployment and low wages, are still looking for daily wages and are busy working without rest even on Labor Day. Meanwhile, Prime Minister Shehbaz Sharif, in his message on International Labor Day, said that the sacrifice of the working classes keeps life going, and laborers and skilled people at home and abroad are a reflection of our ability, hard work and professionalism. The Prime Minister further said that today, let us renew our commitment that we will all work together to…
ISLAMABAD: Petrol price has been jacked up to Rs400 per litre as the government announced sweeping change in petroleum pricing and tax policy, increasing fuel prices while reshuffling the petroleum levy structure. The fresh levy of Rs 28.69 per litre has been imposed on high-speed diesel, a fuel previously not subject to any levy at all. The sudden introduction of tax on diesel is expected to significantly impact transporters, farmers, and goods movement across the country. Petrol Levy Fuel Type Previous Levy New Levy Change Petrol 107.38 103.50 ↓ 3.88 High-Speed Diesel — 28.69 ↑ 28.69 At the same time, the…
KARACHI: Currency Exchange Rates in Pakistan. Pakistan’s currency market shows stability in foreign exchange rates, with slight fluctuations across a range of global currencies, keeping traders and importers on alert on May 1, 2026. US Dollar is being traded at Rs279 for buying and Rs279.8 for selling, dominating the market as the most closely watched benchmark. Euro held firm at Rs325.58 (buying) and Rs330.83 (selling), reflecting sustained demand tied to trade and remittance flows. UK Pound stood out as one of the highest-valued currencies, quoted at Rs376.05 for buying and Rs381.81 for selling, underscoring its strength against the rupee. UAE Dirham was recorded at Rs75.95…
ISLAMABAD: The heat wave has left citizens helpless in upper and central Sindh, while the weather in Karachi is also hot and humid. The Meteorological Department has issued a heat wave alert and predicted that the heat wave situation is likely to persist in central and upper Sindh until May 3. The daytime temperature is likely to be 4 to 6 degrees higher in Jamshoro, Dadu, Shaheed Benazirabad, Kashmore, Ghotki, Sanghar, Khairpur, Nowshera Feroze, Jacobabad, Larkana and Sukkur.
ISLAMABAD: The prices of gold and silver in the global and local markets increased again after two days. The price of gold per ounce in the international bullion market increased by $44 to $4,400. Due to the increase in the global market, the price of gold per tola also increased by Rs4,400 to Rs483,962 and the price of gold per ten grams increased by Rs3,772 to Rs414,919. Similarly, the price of silver per tola increased by Rs55 to Rs7,821 and the price of silver per ten grams also increased by Rs47 to Rs7,705.
KARACHI: Currency Exchange Rates in Pakistan. The foreign exchange market in Pakistan shows stability among major currencies, with US Dollar, Euro, and British pound continuing to dominate trading activity. US Dollar (USD) was recorded at Rs279.1 for buying and Rs280 for selling, maintaining its firm position in the market. Meanwhile, the euro (EUR) stood at Rs326.16 for buying and Rs331.25 for selling, reflecting its strong value against the rupee. UK pound sterling (GBP) remained one of the highest-valued currencies, trading at Rs376.88 for buying and Rs382.25 for selling. UAE dirham (AED) was available at Rs76.05 for buying and Rs77.05 for…
DUBAI: The United Arab Emirates has announced its withdrawal from OPEC and OPEC+, dealing a major blow to these oil-exporting groups. According to details, this decision by the UAE has been made at a time when the Strait of Hormuz is closed due to the war between Iran, the United States and Israel, while the United States has also imposed a blockade. The UAE said that it will leave OPEC and OPEC+ from May 1. The decision to withdraw from OPEC was made in the national interest, OPEC should play an active role in meeting the needs of the global…