CHAGAI: Local administration on Sunday said that 1814 Pakistani nationals have returned back from Iran to this border district amid worsening hostilities in the region.Till now 428 pilgrims, 655 students and 566 tourists, 160 deportees and five foreign nationals have returned from Iran, officials of border district of Chagai said.District authorities said that 112 tourists and 24 students reached at Taftan border.All facilities being provided to the Pakistani citizens returning from the neighboring country, deputy commissioner Chagai said.Deputy Prime Minister Ishaq Dar last Sunday said that 450 Pakistani pilgrims’ repatriated from Iran.Ishaq Dar in a tweet said that steps being taken for return of the Pakistani students staying in Iran.DPM also said that the Pakistani embassy in Baghdad, has been in contact with the Pakistani pilgrims stranded in Iraq. He said step being taken for safe stay of Pakistani pilgrims and their return to home, who have been stranded in Iraq owing to the closure of the country’s airspace.Pakistan International Airlines (PIA) has started a special operation to bring back Pakistanis stranded in Iran amid Israel-Iran conflict.A PIA aircraft departed from Peshawar to Ashgabat, the capital of Turkmenistan, last Tuesday to facilitate the evacuation.With the assistance of the Pakistani embassy, 150 Pakistanis were transported from the Iranian city of Mashhad to Ashgabat, Turkmenistan.These individuals, who were stuck due to the closure of Iranian airspace, will be flown back to their homeland via a special PIA flight from Ashgabat.Following government directives, PIA has announced that additional special flights will be arranged to ensure the safe return of more stranded citizens.

Pakistan has strongly condemned the US attacks on Iranian nuclear facilities, ARY News reported on Sunday.The official statement released by Pakistan Foreign Office stated: "Pakistan condemns the US attacks on Iranian nuclear facilities which follow the series of attacks by Israel. We are gravely concerned at the possible further escalation of tensions in the region."Pakistan reiterate that the these attacks violate all norms of international law and the Iran has the legitimate right to defend itslef under the UN Charter."The unprecedented escalation of tensions and violence, owing to ongoing aggression against Iran is deeply disturbing. Any further escalation of tensions will have severely damaging implications for the region and beyond."Pakistan has asserted the imperative need to respect civilian lives and properties and immediately bring the conflict to the end. All parties must adhere to the international law, particularly international human law." 🔊PR No.1️⃣8️⃣2️⃣/2️⃣0️⃣2️⃣5️⃣ Pakistan Condemns the US Attacks on the Nuclear Facilities of the Islamic Republic of Iran.🔗⬇️https://t.co/2qpo27WzVQ pic.twitter.com/ugtFomQ5HO— Ministry of Foreign Affairs - Pakistan (@ForeignOfficePk) June 22, 2025 It is worth mentioning here that President Donald Trump said the US military has carried out a “very successful attack” on three Iranian nuclear sites, including the underground uranium enrichment facility at Fordo.Read more: LIVE: Civilian nuclear programme could not be taken away by force: Iran“We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan,” Trump said in a post on his Truth Social platform.“A full payload of BOMBS was dropped on the primary site, Fordow.”Trump added that “all planes are safely on their way home. Congratulations to our great American Warriors.”Donald Trump’s announcement came just two days after he said he would decide “within two weeks” whether to join key ally Israel in attacking Iran.

CHAKWAL: In a tragic incident, electric wires fell onto a passenger bus, claiming lives of five, including three children, and injuring several others in Kot Shams, Chakwal, ARY News reported.According to reports, the accident caused panic among passengers, with the high-voltage wires sparking a deadly situation.Rescue teams, police, and WAPDA officials promptly arrived at the scene to respond to the emergency, providing assistance and initiating investigations into the cause of the incident. The injured were rushed to nearby medical facilities for treatment.In a separate incident, a tragic incident occurred in Karachi’s Orangi Town where a speeding passenger bus crushed a two-year-old girl.The deceased toddler girl was identified as Iman who died on the spot. According to the police, the incident was reported from Orangi Town No. 10 and the bus driver and conductor managed to escape.Read More: Karachi traffic accidents claim three more livesThe body of the toddler was shifted to Abbasi Shaheed Hospital following the accident for medico-legal formalities.The police said that the incident occurred on the busy Mangal Bazaar road, where Iman, a resident of a nearby house, had wandered onto the street while playing.Prior to this, it was reported that five motorcyclists killed by reckless drivers in various fatal accidents in different areas of Karachi within a span of 24 hours.A speedy double cabin vehicle crushed a delivery boy, Murtaza, to death in a reckless driving incident at Khayaban-e-Nishat in Defence area of Karachi in the night.“Car driver Usman Shah Rashdi has been arrested and detained in lockup,” DIG South district Asad Raza said. “Motorcyclist was a rider of an online food delivery company,” police official said.“Driver of the car Usman Shah Rashdi has been grandson of former DIG Pir Hassan Shah Rashdi,” police said.

KARACHI: A series of violent incidents unfolded in Karachi within a few hours as three robbers were killed and a citizen was injured in different engagements in the metropolis, ARY News reported, citing police. A citizen, identified as Subash Chand, was injured due to gunfire during a robbery attempt near Sea View, the police said.The law enforcers said that dacoits were looting a citizen when they arrived, prompting the criminals to open fire and flee. During the confrontation, Subash Chand was injured by the robbers' gunfire and was subsequently taken to a hospital for treatment.According to police, the dacoits also injured in the police retaliation who abandoned their motorcycle and escaped toward the sea, with police now conducting a manhunt for the wounded suspects.Read More: Home minister says crime rate declined in KarachiIn a separate development, two police encounters in the Korangi Industrial Area near Veta Chowrangi and Godam Chowrangi resulted in the killings of three robbers.According to police engaged in a firefight with the criminals, killing all three during the exchange of gunfire. The police claimed to have recovered weapons and stolen goods from the killed dacoits.Meanwhie, Sindh Home Minister Ziaul Hassan Lanjar said that crime rate has declined significantly in Karachi, stating that murders on robbery resistance have halved.Addressing the Sindh Assembly’s budget session, the home minister said that incidents of mobile phone snatching have also decreased. Ziaul Hassan Lanjar said that 586 vehicles were snatched in Karachi last year, compared to 558 this year, marking a decline.He said 21,665 incidents occurred overall, showing improvement from the previous year. Last year, an average of more than two people were killed daily, whereas now, the daily average has dropped to one death due to criminal activities.

ISLAMABAD: Khurram Shehzad, Adviser to the Finance Minister, stated that the federal government has successfully resolved Pakistan's long-standing issue of circular debt through a historic Rs1.275 trillion Islamic financing agreement with 18 commercial banks, ARY News reported. Khurram Shehzad made the announcement, hailing the development as a foundation of the Prime Minister Shehbaz Sharif administration’s major energy restructuring.Khurram Shehzad indicated that the financing deal will eradicate Rs1.275 trillion in circular debt, a burden that has long overwhelmed the country’s power sector.A total allocation of Rs683 billion will be directed towards settling liabilities of the Power Holding Company, while Rs592 billion will be designated for Independent Power Producers (IPPs).A loan of Rs1.275 trillion has been secured at a concessional rate to resolve Pakistan's circular debt, set at 0.9% below the three-month KIBOR benchmark, in line with Pakistan's commitment to achieving interest-free banking by 2028.Read More: K-Electric removes 290kg of illegal wires in Orangi TownKhurram Shehzad highlighted that this new loan structure will not introduce additional surcharges for electricity consumers, who currently incur a debt service surcharge of Rs3 per unit. This surcharge will remain effective for the next five to six years.Regarding the repayment of the load, Khurram Shehzad mentioned that the government will repay the loan over 24 quarterly instalments to get out of Pakistan's circular debt, with an annual ceiling of Rs323 billion. This structured repayment approach is designed to prevent a recurrence of Pakistan's circular debt and to mitigate further fiscal pressure on the national budget.This initiative is part of wider reforms encompassed within Pakistan’s $7 billion IMF program, which focuses on curbing circular debt and enhancing the efficiency of the energy sector.Additionally, the agreement aligns with the government’s objective of transitioning towards Islamic finance, which currently represents nearly a quarter of the country's banking assets.Khurram Shehzad indicated this deal as a "historic breakthrough" and credited the Prime Minister Shehbaz Sharif’s government for its decisive measures in attempting to address one of the nation's most pressing economic challenges.

ISLAMABAD: President Asif Ali Zardari formally launched the Benazir Hunarmand Programme, a skill development and empowerment initiative for needy families, at a ceremony held at Aiwan-e-Sadr on Saturday.Speaking on the occasion, the President underscored the importance of education and skill development, stating that every household should be equipped with the tools of learning and education.He said that BISP was based on the philosophy of Zulfikar Bhutto whose legacy was carried forward by  Mohtarma Benazir Bhutto, who believed in inclusive prosperity and education for all. “We are determined to realize her vision for the uplift of marginalized segments of society,” the President said. First Lady Aseefa Bhutto Zardari was also present at the launch of the programme.Highlighting the importance of the Benazir Hunarmand Programme, President Zardari noted that skills development was crucial not only for national progress but also for preparing a skilled workforce to meet the growing demand in international markets. “We should equip our youth with modern technical skills needed globally,” he remarked.He particularly stressed the significance of the nursing profession, calling it one of the most sought-after fields internationally, and urged that special priority should be given to training in this area.President Zardari also underlined the importance of learning foreign languages alongside modern skills to enable our youth to get jobs in foreign markets.Referring to his previous tenure, the President recalled that he had launched the Benazir Income Support Programme (BISP), which became a cornerstone of social protection in Pakistan.He expressed gratitude to former Finance Minister Naveed Qamar, acknowledging his valuable role in the launch and implementation of BISP. He said, “Benazir Income Support Programme (BISP) will be improved further and more programmes will be added.”Read More: BISP Kafaalat: List of banks for Rs 13500 withdrawalThe President said that the Benazir Hunarmand Programme is a continuation of that legacy, aimed at uplifting communities through empowerment and opportunity. He reiterated his resolve to ensure that the youth of Pakistan are provided with the skills, education, and opportunities necessary to build a prosperous country.The President said June 21 was an important day for Pakistan People’s Party as it was the birthday of Benazir Bhutto .“It is also a day of sorrow as we lost Mohtarma Benazir Bhutto who guided us with her wisdom and farsightedness,” he added.Chairperson Benazir Income Support Programme Senator Rubina Khalid said Benazir Income Support (BISP), since its inception 17 years ago, had become the largest social protection programme. Under the programme, women were declared head of the household and received financial help for their 10 million families, she added.BISP was also in the forefront to disburse timely financial assistance to flood affectees in 2022 and during the COVID pandemic, she noted.She said BISP had always been more than a safety net, it was a commitment to inclusion, dignity and transformation of people especially women. Benazir Hunarmand Programme, while using the database of BISP will create an empowered and self-reliant citizenry, which will be capable of participating productively in economic endeavours, she explained.The programme, she said, would offer practical and demand-driven training in multiple fields enabling critical economic and social change and causing poverty alleviation. She said BISP was a globally acknowledged social protection model, which other countries wanted to emulate.She thanked the partners of BISP including the German government for extending valuable support for different development initiatives.Governor Punjab Sardar Saleem Haider, ministers, parliamentarians, diplomats and high-ranking officers attended the event.A cake was also cut on the occasion to celebrate the birthday of Benazir Bhutto .

PESHAWAR: The Government of Khyber Pakhtunkhwa has officially unveiled an extensive age relaxation policy for candidates seeking to pursue their career in the public sector, ARY News reported. The Chief Secretary highlighted in the notification that the new policy lets a general age relaxation of up to 10 years for several government job groups.According to the revised Khyber Pakhtunkhwa age relaxation policy, candidates applying for Grade 17 and above positions are qualified for a 10-year upper age leniency.Likewise, Secretariat posts of Grade 16 and below will also benefit from the same concession. For non-Secretariat roles, the authority to grant age relaxation lies with the Administrative Secretary and relevant departmental heads.The Khyber Pakhtunkhwa age relaxation policy also includes special provisions for the families of government employees martyred in acts of terrorism. Widows and children of such employees will receive additional consideration under the new rules.This updated Khyber Pakhtunkhwa age relaxation policy comes alongside a significant amendment to the Civil Servants Rules 2008, reflecting the provincial government’s commitment to inclusive employment practices.Read More: Govt decides to abolish over 30,000 jobsIt follows a similar move by the Sindh government earlier this year, which extended the age limit for public sector jobs from 28 to 33 years, although that policy excluded positions in the Sindh Police and Public Service Commission.In a related development, the Khyber Pakhtunkhwa Public Service Commission (KPPSC) also announced a one-time age limit extension for the Provincial Management Service (PMS) exams.Candidates can now apply up to the age of 35 and are allowed an additional attempt, increasing the total to four for the 2025 and 2026 exam cycles.The Khyber Pakhtunkhwa age relaxation policy is likely to benefit thousands of aspiring civil servants across the province, offering them a renewed opportunity to serve in the public sector. This will also help people get stable government jobs.

KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah said that the provincial government will install 100 electric vehicle (EV) charging systems in Karachi, ARY News reported.Addressing the Sindh Assembly’s budget session, Syed Nasir Hussain Shah said that the provincial government is also working on legislation for electric vehicle charging infrastructure.The minister also spoke on the local governments’ empowerment in Sindh, saying that the province currently hosts the most ‘autonomous’ local councils.Syed Nasir Hussain Shah said that federal government is allocating funds meant for Sindh including Karachi in various other regions.Read More: Pakistan launches EV policy to boost clean mobility, local industryEarlier, Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan launched Pakistan’s National Electric Vehicle (NEV) Policy 2025–30.Addressing a press conference along with Secretary Ministry of Industries and Production Saif Anjum and Chief Executive Officer Engineering Development Board (EDB) Engr. Khuda Bukhsh, Haroon said new EV policy is aligned with the Prime Minister’s vision of promoting clean, sustainable, and affordable transportation while encouraging local industry and protecting the environment.He stressed that the transport sector is a major contributor to carbon emissions in Pakistan, and reform in this area is imperative.“EV policy supported Pakistan’s commitments under the Paris Agreement and reinforces efforts to curb fossil fuel dependence and urban air pollution”, he remarked.

ISLAMABAD: Pakistan criticised the Indian interior minister’s claim that the Indus Waters Treaty will never be restored, labeling it a flagrant disregard for the sanctity of international agreements.The Spokesperson of the Ministry of Foreign Affairs stated that the treaty, an international legal framework, contains no provision for unilateral action, and India’s decision to suspend it is a blatant violation of international law, treaty provisions, and principles of inter-state relations.“The Indus Waters Treaty is not a political arrangement, but an international treaty with no provision for unilateral action. India’s illegal announcement to hold the Treaty in abeyance constitutes a clear violation of international law, the provisions of the Treaty itself, and the fundamental principles governing inter-state relations,” the foreign office said.“Such conduct sets a reckless and dangerous precedent—one that undermines the credibility of international agreements and raises serious questions about the reliability and trustworthiness of a state that openly refuses to fulfill its legal obligations.”It added that weaponising water for political ends is irresponsible and contrary to established norms of responsible state behavior.“India must immediately rescind its unilateral and unlawful stance, and restore the full and unhindered implementation of the Indus Waters Treaty. For its part, Pakistan remains firmly committed to the Treaty and will take all necessary measures to protect its legitimate rights and entitlements under it," the statement read

ISTANBUL: Deputy Prime Minister and Foreign Minister Ishaq Dar met with Turkish President Recep Tayyip Erdogan by the side of the 51st Session of the Organisation of Islamic Cooperation (OIC) Council of Foreign Ministers in Istanbul, ARY News reported. Pakistan’s Chief of Army Staff, Field Marshal Syed Asim Munir, was also part of the Ishaq Dar-Erdogan meeting, along with Turkish Foreign Minister Hakan Fidan.During the meeting, Ishaq Dar conveyed Prime Minister Shehbaz Sharif’s warm greetings and highlighted that Pakistan places enormous importance on its brotherly ties with Türkiye.The two sides reiterated their commitment to strengthening Pakistan-Türkiye relations, promising to expand collaboration across political, economic, and defence sectors.Both leaders strongly condemned Israel’s continued aggression in Gaza and demanded an instant ceasefire.They also repeated support for Iran’s sovereignty and right to self-defence under the UN Charter.The Ishaq Dar-Erdogan meeting underscored the importance of diplomatic efforts to de-escalate regional tensions and ensure the uninterrupted delivery of humanitarian aid to Gaza.Additionally, in the Ishaq Dar Erdogan meeting, Ishaq Dar gave deep congratulations to President Erdogan on receiving the prestigious OIC Youth Forum Grand Youth Award and praised Türkiye’s successful hosting of the OIC summit.The Pakistan-Türkiye relations were further highlighted during the broader OIC session, where Ishaq Dar emphasised the need for unity among Muslim nations in the face of rising Islamophobia, regional instability, and humanitarian crises.Read More: Ishaq Dar, Uzbek FM discuss bilateral, regional mattersDeputy Prime Minister and Foreign Minister, Senator Ishaq Dar held a telephone conversation with the Foreign Minister of Uzbekistan, Bakhtiyor Saidov.During the conversation, the two leaders discussed a range of bilateral and regional matters of mutual interest.They exchanged views on the agenda for the upcoming meeting of the Organization of Islamic Cooperation (OIC) Council of Foreign Ministers (CFM), scheduled to take place in Istanbul from 21–22 July.

Karachi/Ottawa- June 21, 2025 – The Canadian Dollar (CAD) is currently trading at 206.98 Pakistani Rupee (PKR), a slight decline from 207.32 PKR on June 18 and down from a weekly high of 208.31 PKR earlier this week. Despite this marginal dip, the CAD remains stronger than last week’s rate of 206.39 PKR and reflects a notable 2.83% increase from 201.55 PKR a month ago, signaling a broader upward trend against the PKR. 1 Canadian Dollar= 206.98 Pakistani Rupee Valuation Dynamics The recent fluctuations in the CAD-PKR exchange rate are influenced by a combination of global and regional economic factors. The Canadian Dollar has been buoyed by stable oil prices, as Canada is a major oil exporter, and a relatively hawkish stance from the Bank of Canada on interest rates, which supports the currency’s value. Conversely, the Pakistani Rupee faces pressure from domestic economic challenges, including high inflation and balance-of-payment concerns, which have contributed to its volatility. The CAD’s 2.83% rise over the past month underscores Canada’s stronger economic fundamentals compared to Pakistan’s ongoing fiscal constraints. Impact The Canadian Dollar’s relative strength against the PKR has mixed implications. For Pakistani importers and students studying in Canada, the stronger CAD increases the cost of goods, services, and tuition fees, straining budgets. Conversely, Pakistani expatriates in Canada benefit, as remittances sent back to Pakistan yield higher PKR amounts. For Canadian businesses exporting to Pakistan, the stronger CAD may reduce competitiveness due to higher relative costs, though stable demand for Canadian goods could mitigate this effect. Investors tracking the pair should note that short-term volatility may persist, but the CAD’s upward trend suggests resilience. Currency Overview The Canadian Dollar (CAD), often referred to as the "Loonie" due to the loon bird featured on its one-dollar coin, is the official currency of Canada. It is a major global currency, supported by Canada’s robust economy, which relies heavily on natural resources like oil, gas, and minerals, as well as a stable financial system.The Pakistani Rupee (PKR) is the official currency of Pakistan, issued by the State Bank of Pakistan. It is widely used in domestic transactions but faces challenges due to inflation, external debt, and economic instability, which often lead to depreciation against major currencies like the CAD.

Karachi/Sydney, June 21, 2025 — The Australian Dollar (AUD) has seen a modest rise against the Pakistani Rupee (PKR), trading at 183.67 PKR as of today, up from 183.36 PKR on June 18 and a notable increase from 180.17 PKR earlier this month. This upward trend reflects subtle shifts in global and regional economic dynamics, influencing exchange rates and impacting trade and investment between Australia and Pakistan. 1 Australian Dollar= 183.67 Pakistani Rupee Valuation Mechanism The exchange rate between Australian Dollar and Pakistani Rupee is determined by the foreign exchange market, where currencies are traded based on supply and demand. Several factors drive this valuation: Economic Indicators: Australia’s robust economy, driven by commodity exports like iron ore and coal, strengthens the AUD. Conversely, Pakistan’s economy, reliant on remittances and textile exports, faces pressures from inflation and external debt, impacting PKR stability. Interest Rates: The Reserve Bank of Australia’s monetary policy, with relatively higher interest rates compared to Pakistan’s, attracts capital inflows, bolstering AUD demand. Pakistan’s central bank policies, aimed at controlling inflation, also influence PKR’s value. Global Market Sentiment: Geopolitical events, commodity price fluctuations, and investor confidence play significant roles. For instance, rising global demand for Australian resources can lift the AUD, while domestic challenges in Pakistan, such as energy shortages, may weaken the PKR. Trade Balances: Australia’s trade surplus with strong exports contrasts with Pakistan’s trade deficit, affecting currency supply and demand dynamics. The floating exchange rate system for both currencies allows market forces to dictate their value, with central banks occasionally intervening to stabilize extreme volatility. Currency Rates in Pakistan Today Impact of the AUD-PKR Rise The Australian Dollar’s slight appreciation against the PKR has several implications: Trade Dynamics: Pakistani importers of Australian goods, such as agricultural products or machinery, face higher costs, potentially reducing demand. Conversely, Australian buyers of Pakistani textiles may find imports cheaper, boosting trade in that direction. Remittances: Pakistani workers in Australia sending money home benefit from the stronger AUD, as their remittances convert to more PKR, supporting household incomes in Pakistan. Investment Flows: A stronger AUD may deter Australian investment in Pakistan due to higher costs, while Pakistani investors might find Australian assets more expensive but potentially more rewarding due to currency gains. Tourism and Education: Pakistani students and tourists in Australia face increased expenses, which could reduce travel or study abroad. Conversely, Australian tourists may find Pakistan a more affordable destination. Currency Overview The Australian Dollar (AUD), often called the "Aussie," is the official currency of Australia, introduced in 1966 to replace the Australian pound. Managed by the Reserve Bank of Australia, it is a major global currency due to Australia’s strong economy, rich in natural resources and stable financial systems. It is widely traded in global forex markets, often influenced by commodity prices and Asia-Pacific trade.The Pakistani Rupee (PKR), introduced in 1948, is the official currency of Pakistan, managed by the State Bank of Pakistan. It serves as the primary medium of exchange in a developing economy with significant agricultural and textile sectors. The PKR’s value is sensitive to domestic inflation, political stability, and external debt obligations, making it prone to fluctuations in the forex market.As the AUD-PKR exchange rate continues to evolve, market participants will closely monitor economic developments in both nations for future trends.

KARACHI: Sindh Home Minister Ziaul Hassan Lanjar said that crime rate has declined significantly in Karachi, stating that murders on robbery resistance have halved.Addressing the Sindh Assembly’s budget session, the home minister said that incidents of mobile phone snatching have also decreased. Ziaul Hassan Lanjar said that 586 vehicles were snatched in Karachi last year, compared to 558 this year, marking a decline.He said 21,665 incidents occurred overall, showing improvement from the previous year. Last year, an average of 2.6 people were killed daily, whereas now, the daily average has dropped to one death due to criminal activities.Ziaul Hassan Lanjar said that mobile phone snatching and motorcycle theft or snatching have been decreased as compared to last year.He said e 28 robbers were killed, attributing a reduction in thefts. He also addressed concerns about drug use in schools, urging administrative cooperation with police to avoid reputational damage, and described drug addiction as a major affliction, noting that 70% of arrested street criminals are addicts often seen begging under bridges.The home minister also outlined plans to establish a Sindh Narcotics Force and narcotics courts, which will deliver verdicts within six months.He expressed gratitude for the low number of cases in Anti-Terrorism Courts (ATCs), indicating control over terrorism, and plans to reduce ATCs from 20 to 7, with further reductions in other Sindh cities.

Kuwait City/Karachi, June 21, 2025 – The Kuwaiti Dinar (KWD) continues to hold a robust position against the Pakistani Rupee (PKR), trading at 926.63 PKR today, according to open market sources. This rate reflects stability since yesterday, following a steady climb from 925.45 PKR on June 18, 922.06 PKR on June 13, and 919.67 PKR on June 10.The consistent appreciation of the Kuwaiti Dinar underscores its enduring strength, driven by Kuwait’s oil-backed economy, while Pakistan’s economic challenges contribute to the PKR’s relative weakness. 1 KWD= 926.63 PKR Valuation Mechanism The exchange rate between the Kuwaiti Dinar and Pakistani Rupee is shaped by distinct monetary policies and economic fundamentals. The Kuwaiti Dinar is pegged to a basket of currencies, primarily anchored to the US Dollar, under the management of the Central Bank of Kuwait. This peg ensures stability, with the KWD’s value closely tied to global oil prices and Kuwait’s substantial foreign exchange reserves, bolstered by its position as a leading oil exporter. In contrast, the Pakistani Rupee operates under a managed float system, where its value is determined by market forces such as supply and demand, trade balances, and foreign exchange reserves. The State Bank of Pakistan occasionally intervenes to mitigate volatility, but factors like high inflation, trade deficits, and reliance on remittances and international loans often pressure the PKR downward.The recent rise in the KWD/PKR rate reflects Kuwait’s resilient economic indicators, including high oil prices and fiscal surpluses, contrasted with Pakistan’s ongoing challenges, such as inflation and limited foreign reserves. The KWD’s peg to a currency basket shields it from sharp fluctuations, while the PKR’s value is more sensitive to domestic and global economic shifts, including the US Dollar’s strength in international markets. Currency Rates in Pakistan Today Impact on Trade and Remittances The strengthening of the Kuwaiti Dinar against the PKR has significant implications for economic relations between Kuwait and Pakistan, particularly for the over 200,000 Pakistani expatriates in Kuwait. Remittances, a critical lifeline for Pakistan’s economy, have become more valuable in PKR terms. For instance, a 1,000 KWD remittance, worth 919,670 PKR on June 10, now fetches 926,630 PKR, an increase of 6,960 PKR in just 11 days. This boost enhances purchasing power for families in Pakistan, supporting household expenses and contributing to the country’s foreign exchange reserves, which received over $30 billion in remittances in 2024, with a significant portion from Gulf countries like Kuwait.However, the stronger KWD raises costs for Pakistani businesses importing goods, such as petroleum products, from Kuwait, potentially increasing domestic prices. For Pakistani expatriates in Kuwait, while their earnings convert to more PKR, the rising exchange rate highlights the growing economic disparity between the two currencies, impacting their purchasing power for goods and services priced in PKR. Economic Outlook Analysts attribute the KWD’s steady ascent to Kuwait’s robust oil-driven economy, stable governance, and prudent fiscal policies, including a sovereign wealth fund valued at over $800 billion. Meanwhile, Pakistan’s economic challenges, including inflation and trade imbalances, continue to weaken the PKR. Experts suggest that Pakistan could mitigate PKR depreciation by addressing inflation, diversifying exports, and bolstering reserves, while Kuwait’s currency is likely to remain strong due to sustained global oil demand.As the KWD-PKR exchange rate stabilizes at 926.63 PKR, market participants will closely monitor global oil prices, Pakistan’s fiscal policies, and geopolitical developments for future trends. The exchange rate remains a key indicator of economic dynamics between Kuwait and Pakistan, with implications for trade, investment, and the livelihoods of millions. About the Currencies The Kuwaiti Dinar (KWD), introduced in 1961, is the official currency of Kuwait, symbolized as KD or د.ك and subdivided into 1,000 fils. Renowned as the world’s highest-valued currency, the KWD is supported by Kuwait’s oil-driven economy, substantial foreign reserves, and a peg to a basket of currencies managed by the Central Bank of Kuwait. This peg ensures its stability, making it a cornerstone of Kuwait’s economic resilience.The Pakistani Rupee (PKR), established in 1948, is the official currency of Pakistan, symbolized as ₨ and divided into 100 paisa. Managed by the State Bank of Pakistan under a managed float regime, the PKR’s value is influenced by market dynamics, including inflation, trade balances, and remittances. Despite volatility, the PKR remains vital to Pakistan’s economy, supported by agriculture, textiles, and expatriate remittances.

Karachi/Dubai, June 21, 2025: The UAE Dirham (AED) is currently stable at 77.21 Pakistani Rupees (PKR) in the foreign exchange market today, maintaining the same rate as the previous day. This represents a steady increase from earlier this week when the AED was worth 77.04 PKR, up from 77.14 PKR the day before.Throughout this month, the AED has seen a significant increase, rising from 76.44 PKR to 76.96 PKR, which indicates a gain of about 0.77 PKR. 1 UAE DIRHAM = 77.21 PAKISTANI RUPEE Process of Valuing AED Against PKRThe exchange rate for the UAE Dirham against the Pakistani Rupee is set within the foreign exchange (forex) market, where currencies are exchanged based on demand and supply. The AED is fixed to the US Dollar (USD) at a rate of 3.6725 AED to 1 USD, meaning its worth is intrinsically linked to the USD’s performance. In contrast, the PKR is a floating currency, subject to fluctuations influenced by market factors, including trade balances, foreign investments, and Pakistan's macroeconomic policies.The recent strengthening of the AED against the PKR can be attributed to the strength of the USD in international markets and the economic difficulties facing Pakistan, such as inflation and trade deficits that have weakened the PKR. Forex traders, banks, and financial organizations utilize real-time data and economic indicators to establish daily exchange rates, with the State Bank of Pakistan issuing an indicative rate while allowing for market-driven fluctuations.UAE’s Strong Economic StrategiesThe UAE’s economic strategies have played a crucial role in the stability and strength of the AED. With a diversified economy supported by sectors like tourism, real estate, and renewable energy, it has lessened its dependence on oil revenues. Initiatives such as the UAE Vision 2021 and the Dubai Plan 2021 have strengthened investor confidence, drawing foreign direct investment (FDI) and bolstering currency stability.The UAE’s cautious fiscal measures, including minimal public debt and substantial foreign reserves, further support the AED’s peg to the USD. The Central Bank of the UAE actively intervenes in the market to maintain this peg, ensuring that the Dirham remains a dependable currency for international trade and remittances, especially in regions like South Asia, where Pakistani workers represent a large section of the UAE’s expatriate community.Effects of AED’s Appreciation Against PKRThe rise of the AED against the PKR has both positive and negative consequences. For Pakistani expatriates working in the UAE, this is encouraging news, as their remittances in AED now convert to a higher amount in PKR when sent back home. In 2024, remittances from the UAE to Pakistan were vital for foreign exchange, with contributions exceeding $3 billion annually, per State Bank of Pakistan projections. A stronger AED increases the purchasing power of these remittances, aiding families and local economies in Pakistan.On the other hand, for Pakistani importers sourcing goods from UAE suppliers, the strengthening AED raises the expense of goods and services, which could contribute to inflation. This situation may negatively affect Pakistan’s trade balance, as imports from the UAE, including petroleum products and consumer items, become pricier. Conversely, Pakistani exporters might gain, as their products become relatively less expensive in AED terms, potentially enhancing their competitiveness in trade.About AED and PKRThe UAE Dirham (AED), which was introduced in 1973, serves as the official currency of the United Arab Emirates. Pegged to the US Dollar, it is denoted by the symbol “د.إ” or “AED” and is widely utilized in the UAE’s dynamic economy encompassing sectors like trade, finance, and tourism.The Pakistani Rupee (PKR), represented by the symbol “₨”, is the official currency of Pakistan, regulated by the State Bank of Pakistan. As a floating currency, its value changes based on economic conditions, making it responsive to both domestic and international market trends.

LAHORE: Jamaat-e-Islami (JI) chief Hafiz Naeem ur Rehman on Saturday slammed the Pakistan government’s decision to recommend US President Donald Trump for the 2026 Nobel Peace Prize, calling it a reflection of "slave mentality."In a social media post, Hafiz Naeem stated that nominating Trump for the Nobel Peace Prize is both shameful and against Pakistan’s national dignity, as the US president openly supports Israel’s massacre of Palestinians in Gaza.He noted that Trump praised Israel’s attack on Iran as "excellent" and continues to issue direct threats against Iran.Hafiz Naeem further said that US naval bases are expanding their presence in the region, with the US providing Israel with extensive military support.The JI chief also criticized Trump’s role in the Ukraine conflict, stating that rather than working to end the war, he has further fuelled the crisis."Peace across the Middle East is in jeopardy, yet the Pakistan government is nominating Trump for a peace prize," Hafiz Naeem said. "This is both regrettable and a clear example of slave mentality."Read More: Pakistan recommends Donald Trump for 2026 Nobel Peace PrizeNotably, the Pakistan government has decided to formally recommend US President Donald J. Trump for the 2026 Nobel Peace Prize, in recognition of his decisive diplomatic intervention and pivotal leadership during the recent India-Pakistan crisis, an official statement said.The government statement issued Saturday said the international community bore witness to unprovoked and unlawful Indian aggression, which constituted a grave violation of Pakistan’s sovereignty and territorial integrity, resulting in the tragic loss of innocent lives, including women, children, and the elderly.“In exercising its fundamental right to self-defense, Pakistan launched Operation Bunyanum Marsoos—a measured, resolute, and precise military response, carefully executed to re-establish deterrence and defend its territorial integrity while consciously avoiding civilian harm,” it said. 

MULTAN: Chairman Senate Yousaf Raza Gillani Saturday said that the problems will not be resolved until formation of the separate southern Punjab province.Speaking here former prime minister said that a separate province has been only solution of the sense of deprivation and unemployment in the area."We will homework for the separate province," Gillani here said.He suggested that the National Finance Commission (NFC) Award in the province should be enforced on the basis of population."I will ask the chief minister that Multan should not be allowed to be drowned in sewerage," he said.He said sewerage and drinking water have been mixed in Multan and urged for immediate and effective steps to tackle the problem of contaminated water.

RAWALPINDI: The first confirmed case of Crimean-Congo Hemorrhagic Fever (CCHF) has been reported in Holy Family Hospital.Rashid Mumtaz, a 38-year-old tailor from Model Town, Wah Cantt, Taxila is currently stable and isolated in the hospital’s Medical Intensive Care Unit (M-ICU) after being confirmed as the first CCHF case in Rawalpindi during the year 2025.According to the details, the patient was admitted to the hospital on June 17, 2025, showing symptoms on June 15, including high-grade fever, body aches, gum bleeding, and hematemesis. Laboratory results revealed a white blood cell count of 1,910, a platelet count of 4,100, and chest X-ray infiltrates.Dr. Waqar, the spokesman District Health Authority (DHA) informed that investigations indicate that Rashid participated in the slaughter of four goats and two cows on Eid-ul-Azha day, along with his cousin, Junaid Khan.He said that the preliminary contact tracing has identified two symptomatic individuals. Junaid Khan, a 19-year-old male from Mansehra, is experiencing fever and body pain and has been isolated at Holy Family Hospital whose PCR test results are awaited.Ibrahim, a 14-year-old male from Wah Cantt, is showing fever and signs of infection, and is isolated at Wah General Hospital, with blood samples sent to the National Institute of Health (NIH) for testing, also awaiting PCR results.“All necessary barrier nursing controls have been strictly implemented for the affected individuals” said Dr. Waqar.The spokesman further informed that 18 other identified contacts remain asymptomatic and are under quarantine for fever surveillance.“A joint response with the livestock department has been initiated, including indoor residual spraying (IRS) and vector surveillance in the affected areas to curb potential spread”, he added.In a brief interaction with APP, Dr. Waqar highlighted that authorities were closely monitoring the situation to ensure public safety.He urged the citizens to remain cognizant of the precautionary measures and immediately report to the hospital in case of any related symptoms for diagnosis and treatment.

ISLAMABAD: The Supreme Court of Pakistan has postponed the hearing of the reserved seats case, originally scheduled for Monday, ARY News reported citing judicial sources.According to sources, the review hearing for the case will also not take place on Tuesday. The next hearing date will be announced upon the return of Justice Jamal Khan Mandokhail from Balochistan, who traveled today due to the demise of his mother.Yesterday, the Supreme Court’s Constitutional bench adjourned the hearing of review petitions against the verdict on reserved seats until June 23. The eleven-member bench, headed by Justice Amin-ud-Din Khan, heard the case.Representing Kanwal Shauzab, senior lawyer Salman Akram Raja argued that Article 184(3) of the Constitution empowers the Supreme Court to act in the public interest and for the protection of fundamental rights, particularly in exceptional circumstances. Justice Jamal Khan Mandokhail concurred, stating that the Supreme Court must act if there is a constitutional violation even in the absence of a specific article.However, Justice Muhammad Ali Mazhar noted that Article 199 cannot be read in conjunction with Article 187, as the Supreme Court does not possess the same jurisdiction as the High Courts under Article 199. Raja responded that the Supreme Court has broad constitutional powers which can be exercised wherever necessary.Also read: Eight judges set up own virtual court in reserved seats case: CJP Qazi Faez IsaJustice Mandokhail inquired whether the original verdict on reserved seats involved any constitutional or legal violation.Raja replied in the negative but explained that independent candidates were allowed to join political parties within 15 days instead of three, as no alternative was available under existing law.During the hearing, Justice Mandokhail pointed out that reserved seats relate to both minorities and the general public, to which Raja affirmed, adding that the general electorate’s role is equally important.Justice Najafi asked whether securing reserved seats is a fundamental right of political parties. Raja asserted that the public, through their votes, essentially endorse reserved seats as well, making it a fundamental right of parties, albeit one regulated by law.The court then adjourned the hearing until June 23.

ISLAMABAD: Supreme Court’s senior puisne judge, Justice Mansoor Ali Shah, has opposed the extension of the constitutional bench’s term, ARY News reported.According to a letter he wrote before the Judicial Commission of Pakistan (JCP) meeting on June 19, Justice Mansoor Ali Shah urged that no extension be granted until the 26th Constitutional Amendment case is resolved, warning that doing so would deepen the institutional crisis and erode public trust in the judiciary’s credibility.In the letter, shared with JCP members, Justice Shah stated he had informed the JCP of his unavailability for the June 19 meeting, expecting it to be postponed, as had occurred in the past when executive members were absent.He said that the meeting proceeded because judicial members are now in the minority. He proposed declaring all Supreme Court judges part of the constitutional bench until the 26th amendment’s verdict and establishing clear criteria for bench nominations to ensure transparency.Also read: Justice Mansoor Ali Shah responds to govt’s ‘reference plans’It is worth mentioning here that Supreme Court (SC) of Pakistan’s Justice Syed Mansoor Ali Shah earlier took oath as acting Chief Justice of Pakistan (CJP).Justice Ayesha A. Malik administered the oath to Justice Syed Mansoor Ali Shah in a ceremony held at the Supreme Court building. The ceremony was attended by Supreme Court judges and senior lawyers.Chief Justice Yahya Afridi, who was abroad to perform Hajj, was scheduled to return to Pakistan on June 10, 2025.Previously, with Justice Shah overseas, Justice Munib Akhtar had been acting as Chief Justice until June 6.