Author: zerfeshan arshad

Pakistan’s currency market is vibrant, reflecting the dynamic economic interactions on both local and global scales. As of today, the Forex Association of Pakistan has updated the open market currency rates, which are crucial for financial decisions in trading, investments, and international transactions. Key Currency Rates Overview The table below provides a snapshot of today’s buying and selling rates for major currencies in the open market: Currency Buying Rate Selling Rate US Dollar (USD) 277.15 279.70 Euro (EUR) 294.00 297.00 British Pound (GBP) 343.75 347.90 UAE Dirham (AED) 75.00 75.75 Saudi Riyal (SAR) 73.30 73.95 Canadian Dollar (CAD) 200.8 203.00…

Check the current gold rate in Pakistan’s main cities and for various purity. The International Gold Market and the Sarafa Jewellers Association supply the most recent values, which are used to update all prices. The current price of 24-carat gold in Pakistan is Rs. 237,000 per tola on April 27, 2024. Since a few years ago, gold has been utilized extensively in Pakistan. While some Pakistani women use it as ornaments, others use it as a reliable source of investment. But if we had discussed the price of gold, we would have discussed how it is acquired on the London…

In an eagerly awaited announcement, the Pakistan Meteorological Department (PMD) has forecasted the sighting of the Ramzan 2024 moon, marking the beginning of the holy month of Ramzan for Muslims in Pakistan and around the globe. This sacred period is observed from sunrise to sunset with fasting, prayers, and acts of charity, drawing the faithful closer to Allah SWT. As anticipation for Ramzan 2024 grows, the PMD has pinpointed the birth of the Ramzan crescent at 2 pm on March 10 (Sunday). According to the PMD’s statement, the moon’s age will exceed 28 hours by the time of the expected…

In an event that marks a significant chapter in Pakistan’s political history, Asif Ali Zardari, the seasoned politician from the Pakistan People’s Party (PPP), has been re-elected as the President of Pakistan, securing the prestigious position for the second time. This victory not only highlights Zardari’s enduring influence in Pakistani politics but also reaffirms the PPP’s pivotal role in the country’s governance. Zardari’s win was solidified through an impressive tally of 246 votes, outshining his competitor, SIC and PTI-backed Mahmood Achakzai, who garnered 119 votes. The election, seamlessly conducted from 10 am to 4 pm without interruptions, witnessed Zardari’s strategic…

The tech industry is buzzing with anticipation as the Infinix Smart 8 Plus gears up for its expected launch in Pakistan on April 30, 2023. With a projected price tag of Rs. 34,999, this device is poised to redefine the mid-range smartphone segment. The Infinix Smart 8 Plus stands out with its array of colors, including Galaxy White, Shiny Gold, and Timber Black, catering to a variety of user preferences. Budget-Friendly Yet Powerful: Infinix Smart 8 Plus The introduction of the Smart 8 Plus is a testament to Infinix’s commitment to offering feature-rich smartphones at an accessible price point. The…

On the 2nd of March, 2024, the financial hub of Pakistan, Karachi, witnessed the US Dollar being exchanged at Rs 279.4 for buying and Rs 282.3 for selling in the vibrant local and open markets. It’s pivotal to recognize that exchange rates are prone to fluctuate depending on various factors such as the location and the financial institutions involved. The foreign exchange market showcased diverse rates for major global currencies. Notably, the Euro was traded at Rs 302.5 for buying and Rs 305.5 for selling. The UK Pound Sterling also made its mark with a buying rate of Rs 354…

In a significant move that has sparked widespread debate, the Senate of Pakistan has received a contentious proposal advocating for a comprehensive prohibition on all social media platforms within the nation. This bold resolution, introduced by Senator Bahramand Tangi of the Pakistan Peoples Party (PPP), aims to address what he describes as a pernicious scheme that is fragmenting society. The Senate is set to deliberate on this matter in an upcoming session scheduled for March 4. The resolution specifically targets major social networking sites such as Facebook, TikTok, Instagram, Twitter, and YouTube, which Senator Tangi asserts are exerting a detrimental…

In Karachi, the financial landscape on March 1, 2024, showcased a notable exchange rate for the US Dollar against the Pakistani Rupee, marked at Rs 279.3 for buying and Rs 282.4 for selling in both local and open markets. It’s essential to remember that currency exchange rates can fluctuate depending on various factors, including the specific location and the financial institution handling the transaction. Here’s a detailed look at the buying and selling rates for a selection of currencies, including the US Dollar, Euro, British Pound, and others within Pakistan’s dynamic open market. US Dollar (USD): Buying at Rs 279.3…

The Meizu 21 Pro is poised to make a significant impact on Pakistan smartphone scene with its anticipated launch, this device is gearing up to offer a blend of high-end specifications and innovative features to tech enthusiasts across major cities including Karachi, Lahore, Islamabad, and more. As of February 2024, the Meizu 21 Pro is rumored to showcase an impressive array of specs. It’s set to feature a robust 16GB RAM alongside two storage variants, 256GB and 512GB, ensuring ample space for all your apps and media. The smartphone will come in three elegant colors: Grey, Gold, and Silver, adding…

This week, the gold market in Pakistan witnessed its third price hike, marking a notable trend in the precious metal’s value. On Thursday, gold prices surged by Rs. 900 per tola, reaching a new high of Rs. 215,700, as reported by the Karachi Sarafa Association. The rise didn’t stop there; the cost of 10 grams of gold also went up by Rs. 772, setting the price at Rs. 184,928. This increase comes after a significant drop of Rs. 1,100 per tola on Wednesday. Earlier in the week, gold prices had experienced a rise of Rs. 700 per tola on Monday…