The National Savings Centre in Sialkot has announced the results of draw number 106 for the Rs1,500 prize bond, held on Friday, 15 May 2026.The first prize of Rs3 million was awarded to number 024132.Three second-prize winners — 026284, 355420, and 407321 — each secured Rs1 million.The draw is part of Pakistan’s regular prize bond scheme, overseen by the Central Directorate of National Savings, which conducts periodic draws across different denominations nationwide.Under Pakistan’s tax rules for the 2026 tax year, winnings from prize bonds are subject to withholding tax. Individuals listed on the Active Taxpayers List (ATL) are charged 15%, while non-filers face a 30% deduction on prize money.Here is the full list of winners: It is pertinent to mention that the Central Directorate of National Savings introduced the prize bond scheme in 1960, with the central bank acting as its manager.Thousands of people across Pakistan participate in prize bond draws, viewing them as a popular savings and investment option that also offers the possibility of large cash rewards.Officials have advised winners to verify their bond numbers carefully and complete the claim process through authorised National Savings centres and designated banks.These schemes are designed to help the government collect funds while providing a secure and risk-free investment for the common man.

HYDERABAD: The results for the Rs 100 prize bond Draw No. 54 have been announced in Hyderabad, bringing good fortune to several lucky winners.The Directorate of National Savings conducted the latest lucky draw for the Rs 100 denomination.First Prize Winner Rs 700,000The first prize of Rs 700,000 was awarded to bond number 847006.Second Prize Winners (Rs 200000)Additionally, three lucky winners secured the second prize of Rs 200,000 each. The winning bond numbers are:134391186396821652Third Prize WinnersMoreover, Rs1,000 each was awarded to 1,199 winners.Below is the list:Tax Deductions For the 2026 tax year, winnings are subject to a 15% tax for filers on the Active Taxpayers List (ATL) and a 30% tax for non-filers. Under Section 156 of the Income Tax Ordinance, 2001, this is a final tax and cannot be refunded or adjusted against other income.Introduction of Prize Bond It is pertinent to mention that the Central Directorate of National Savings introduced the prize bond scheme in 1960, with the central bank acting as its manager.National Savings typically holds these draws every three months to announce new winners.These schemes are designed to help the government collect funds while providing a secure and risk-free investment for the common man. 

Details have emerged regarding the riders, carriers, and handlers of the “Anmol Pinky Network” involved in the cocaine case, which was busted in Karachi.Investigators have obtained data on three handlers and 22 couriers linked to the alleged cocaine dealer Anmol Pinky, ARY News reported.According to investigative authorities, the network was allegedly being operated through the suspect Anmol Pinky’s brother, identified as Shoaib.Officials said the main handlers of the network have been identified as Hamza, Adas and Aqib. They added that eight riders operating in Karachi hailed from Lahore, Faisalabad, and Vehari.Two women, identified as Saba and Anam alias Anna, were also allegedly working as couriers for the network in Karachi.Investigators further claimed that handler Hamza was being paid around Rs. 70,000 per month for his role in the  network.

KARACHI: A progress report on the investigation into "Anmol Pinky" has been presented to Sindh Chief Minister Murad Ali Shah.Sindh Police officials submitted the findings to the Chief Minister, while a copy of the report was also provided to Sindh Home Minister Zia Ul Hassan Lanjar.According to sources, the report contains comprehensive details regarding the customers of the "Anmol Pinky" cocaine network. It has been revealed that as many as 30 politicians are allegedly included in the network's customer list.The preliminary report outlines how the network operated and facilitated the distribution of cocaine across the country.Earlier, Additional Inspector General (AIG) Karachi Police Azad Khan revealed major investigative progress in the high-profile Anmol Pinky drug network case during a detailed press conference.During the presser, AIG Azad Khan said that investigators conducted a complete forensic examination of a recovered mobile phone linked to Anmol Pinky, which has become a key source of evidence in mapping the wider network.He stated that the forensic analysis of the device revealed a total of 869 contacts, significantly expanding the scope of the investigation into the drug network case.According to him, authorities have so far traced the locations of 639 contacts, while data related to 240 contacts is still under verification. He added that initial findings show only 132 contacts linked to Anmol Pinky’s network are based in Karachi, while the rest are spread across other cities, suggesting that the network operates on a wider national scale.The AIG further revealed that around 200 contacts have been partially identified in the Anmol Pinky case, while intelligence assessments suggest that approximately 200–300 individuals may be actively involved in drug-related activities connected to the Anmol Pinky network.Azad Khan explained that investigators are now categorizing all recovered contacts into groups, including victims, drug sellers, and facilitators. He said victims include drug-dependent individuals, while sellers and distributors linked to Anmol Pinky will be treated as accused.A separate category has also been identified for facilitators and alleged protectors of the Anmol Pinky network, including individuals suspected of using influence or authority.He stressed that all facilitators, regardless of their position, will face strict legal scrutiny.The AIG also disclosed major progress in the financial investigation of the accused Anmol Pinky, stating that authorities have recovered banking records spanning one and a half years, comprising around 500 pages of statements.He said the account linked to the Anmol Pinky reflects thousands of transactions totaling more than Rs30 million. One Lahore-based account, registered under a female name, showed the highest level of financial activity within the case investigation.Azad Khan added that digital and financial evidence is being further analyzed to identify all beneficiaries and operational links connected to Cocaine Queen.

The Home Minister of Sindh, Zia Ul Hassan Lanjar, has stated that authorities have obtained a ‘customer list’ linked to a detained alleged drug dealer, Anmol alias “Pinky”, adding that further details will be shared once investigations are complete.In his policy statement in the Sindh Assembly, Home Minister Zia Lanjar said the suspect drug dealer Anmol aka Pinky was arrested with the assistance of Pakistan’s Federal Investigation Agency (FIA).He described the case as part of a broader effort to tackle narcotics, warning that drugs had “entered homes and affected children” across the province.Sindh Home Minister added that the accused Anmol Pinky’s network was not limited to Sindh, claiming it was also operating in Punjab and the capital, Islamabad. “Let investigations proceed, and we will present the facts to the House,” he told the Sindh Assembly.The Provincial Home Minister also admitted to delayed action against drug traffickers, remarking that ‘better late than never,’ and added that there is a need to correct the course and strengthen efforts to address the issue.Earlier, Senior provincial minister Sharjeel Inam Memon also addressed the assembly, revealing that individuals linked to the network included “some celebrities and public figures”, though he did not name them.He said that regardless of which influential person may be behind Anmol alias Pinky, they will be brought before the court of law.Sharjeel Inam Memon further said that a high-level meeting chaired by Faryal Talpur had recently decided to launch a strict, indiscriminate crackdown against drug traffickers and their facilitators.

ISLAMABAD: Pakistan has successfully repatriated 11 Pakistanis and 20 Iranians who were aboard vessels seized on the high seas by the United States.Deputy Prime Minister Ishaq Dar shared this information in a post on X today. Alhamdolillah, I am pleased to share that we have been successful in the repatriation of 11 Pakistani nationals, alongside 20 nationals of our brotherly country Iran, through Singapore, who were aboard vessels seized in the high seas by the United States. All individuals are in…— Ishaq Dar (@MIshaqDar50) May 15, 2026 He said these individuals were repatriated through Singapore and all of them are in good health and high spirits.The Deputy Prime Minister further said the welfare and well-being of Pakistanis abroad, particularly those in distress, remains the government's highest priority. He said all individuals have reached Bangkok from Singapore and have already boarded the flight scheduled to reach Islamabad later tonight.Ishaq Dar said that our Iranian brothers will then be facilitated to return to their homeland.He also extended his sincere appreciation to Singapore’s Foreign Minister Vivian Balakrishnan as well as the Prime Minister and Government of Singapore for their continued support and engagement throughout this process.He also thanked Iranian Foreign Minister Abbas Araghchi for reposing trust in Pakistan for the repatriation of our Iranian brethren.https://www.youtube.com/watch?v=LCRvOEZXLI4The Deputy Prime Minister extended his gratitude to the Government of the United States, especially Secretary of State Marco Rubio, for close coordination in facilitating the smooth return of 31 Pakistani and Iranian nationals.He also thanked the Government of Thailand, especially his counterpart Sihasak Phuangketkeow, for facilitating the transit of these individuals through Bangkok at Pakistan's request.Besides, Ishaq Dar extended his heartfelt thanks to colleagues at the Ministry of Foreign Affairs of Pakistan, the Ministry of Interior, and Pakistan's Missions in Singapore and Thailand for their timely coordination and dedicated efforts, ensuring the smooth, safe, and successful completion of the repatriation process.

KARACHI: Additional Inspector General (AIG) Karachi Police Azad Khan has revealed further critical developments in the ongoing investigation into the alleged drug network of Anmol alias Pinky, disclosing details of a structured rider-based distribution system, foreign involvement, and multi-agency coordination during a press briefing.The AIG said investigators have identified nine riders operating within the network, out of which eight are based in Punjab, who were specifically brought in to deliver consignments and then return after completing their tasks.He added that initially only one local rider was identified, but after arrests began, the network altered its operational model and started using local riders through various delivery services.He further revealed that the investigation has uncovered foreign nationals from African countries in Lahore, with estimates of around six to eight individuals. At the same time, efforts are ongoing to verify their identities and involvement with Anmol Pinky.https://www.youtube.com/watch?v=76pIY5nsArAAccording to Azad Khan, Anmol Pinky's network also includes up to 20 women based in Lahore, who are allegedly linked to the same drug supply chain. He stated that intelligence suggests the main shipments were received in Lahore, where the product was processed, mixed, and prepared before being transported to Karachi through different rider channels.He added that the investigation is being conducted on a broader, multi-agency basis, with coordination underway with the FIA, cybercrime authorities, and financial monitoring units due to the presence of both digital and financial transactions linked to the case.Authorities have also moved to place four individuals on the Exit Control List (ECL) to prevent them from fleeing the country.Azad Khan confirmed that a separate murder case has also emerged within the investigation, involving the death of a drug addict whose phone contacts allegedly linked back to Anmol Pinky. He said this case is being treated as a possible homicide and will be investigated further.He added that several other deaths are also under review, and if any connection to the drug network is established, those cases will be integrated into the broader investigation.The AIG further stated that internal accountability within the police department is also underway, acknowledging possible lapses at certain levels. He warned that anyone found involved—regardless of rank—will not be spared and action will be taken strictly based on evidence, including departmental proceedings or criminal prosecution where applicable. “Cocaine Queen” Anmol Pinky Latest News & Updates  

LAHORE: Fulfilling a long-standing demand from Lahore’s businessmen and traders, the Punjab government on Friday eased market timings until June 1, ARY News reported.The Deputy Commissioner (DC) of Lahore shared a notification on the social media platform X (formerly Twitter), stating that the government has relaxed market timings across the city in the wake of Eid al-Adha.Under the new directive, all markets and businesses are permitted to remain open until 10:00 PM.The DC confirmed that this decision is effective immediately.Through this initiative, the government has addressed the persistent requests from the business community to extend closing hours.In response, various traders' and business associations have paid tribute to Punjab Chief Minister Maryam Nawaz for taking this supportive measure.Previously, amidst global fuel shortages and energy constraints amid the Iran War, the government had revised business timings and imposed a restricted schedule. Under those "lockdown" style regulations, markets were required to shut down by 8:00 PM.Earlier, the Federal Government had decided to close all markets in Punjab, Khyber Pakhtunkhwa (KP), Balochistan, Gilgit-Baltistan (GB), and Azad Jammu and Kashmir (AJK) at 8:00 PM. Prime Minister Shehbaz Sharif had decided in a high-level meeting to discuss austerity, energy conservation, and petroleum products.The session addressed the economic situation arising from the regional conflict involving Iran, the US, and Israel.According to the decision, all bazaars, markets, and shopping malls across the country—excluding Sindh—will shut down by 8:00 PM.This policy was finalized in consultation with the three provincial governments, GB, and AJK. However, markets in the divisional headquarters of KP will be allowed to remain open until 9:00 PM.The 8:00 PM deadline also applies to departmental stores and shops selling essential commodities.Meanwhile, bakeries, restaurants, tandoors, and other food outlets must close by 10:00 PM.Marriage halls, banquets, marquees, and commercial wedding venues are similarly bound to close at 10:00 PM.Additionally, the government has ordered that wedding ceremonies held at private properties and homes must also conclude by 10:00 PM.Medical stores and pharmacies are exempt from these timing restrictions.These measures will take effect across the country (except Sindh) starting April 7.During the meeting, officials also provided a briefing on petroleum subsidies, noting that transfers are being made through digital wallets, with over 100,000 transactions already completed.Consultations with the Sindh government regarding energy savings and petroleum products remain ongoing.

KARACHI: Additional Inspector General (AIG) Karachi Police Azad Khan has revealed major investigative progress in the high-profile Anmol Pinky drug network case during a detailed press conference, ARY News reported.During the presser, AIG Azad Khan said that investigators conducted a complete forensic examination of a recovered mobile phone linked to Anmol Pinky, which has become a key source of evidence in mapping the wider network.He stated that the forensic analysis of the device revealed a total of 869 contacts, significantly expanding the scope of the investigation into the Anmol Pinky drug network case.According to him, authorities have so far traced the locations of 639 contacts, while data related to 240 contacts is still under verification. He added that initial findings show only 132 contacts linked to Anmol Pinky’s network are based in Karachi, while the rest are spread across other cities, suggesting that the network operates on a wider national scale.https://www.youtube.com/watch?v=NHnRwijb8io&feature=youtu.beThe AIG further revealed that around 200 contacts have been partially identified in the Anmol Pinky case, while intelligence assessments suggest that approximately 200–300 individuals may be actively involved in drug-related activities connected to the Anmol Pinky network.Azad Khan explained that investigators are now categorizing all recovered contacts into groups including victims, drug sellers, and facilitators. He said victims include drug-dependent individuals, while sellers and distributors linked to Anmol Pinky will be treated as accused.A separate category has also been identified for facilitators and alleged protectors of the Anmol Pinky network, including individuals suspected of using influence or authority.He stressed that all facilitators, regardless of their position, will face strict legal scrutiny.The AIG also disclosed major progress in the financial investigation of the accused Anmol Pinky, stating that authorities have recovered banking records spanning one and a half years, comprising around 500 pages of statements.He said the account linked to the Anmol Pinky reflects thousands of transactions totaling more than Rs30 million. One Lahore-based account, registered under a female name, showed the highest level of financial activity within the case investigation.Azad Khan added that digital and financial evidence is being further analyzed to identify all beneficiaries and operational links connected to Cocaine Queen. “Cocaine Queen” Anmol Pinky Latest News & Updates  

The Kuwaiti Dinar (KWD) edged slightly lower against the Pakistani Rupee (PKR) in Pakistan’s open market on May 15, 2026, showing a marginal decline compared to the previous day.The selling rate of Kuwaiti Dinar (KWD) slipped from Rs. 890.06 yesterday to Rs. 889.06 today, while the buying rate remained unchanged at Rs. 879.28.The minor downward movement reflects a stable but slightly softer trend in the Kuwaiti Dinar’s (KWD) value against the Pakistani Rupee (PKR) in recent trading sessions.Overview of KWD vs PKR Exchange Dynamics:The Kuwaiti Dinar (KWD), the official currency of Kuwait and one of the world’s highest-valued currencies, derives its strength from the country’s substantial oil reserves, disciplined fiscal management, and its exchange rate policy linked to a basket of major global currencies.In comparison, the Pakistani Rupee (PKR), issued and regulated by the State Bank of Pakistan, operates under a market-based exchange rate system and is shaped by factors such as inflation, foreign exchange reserves, trade deficits, and broader external economic conditions.Kuwait’s oil-driven economy, supported by stable revenues and significant sovereign wealth reserves, continues to underpin the strength of the KWD.On the other hand, the PKR, like many emerging market currencies, remains under pressure from inflationary challenges and the need to maintain sufficient foreign exchange reserves.In early May 2026, the Kuwaiti Dinar has generally traded within a stable range of around 906–910 PKR, with only minor daily fluctuations reflecting consistent demand for the high-value Gulf currency.Economic Impact on Pakistan:From an economic perspective, a stronger KWD increases the cost of imports from Kuwait for Pakistan, particularly in petroleum and related sectors, which may add pressure to the import bill and contribute to inflationary concerns. However, it also benefits the large Pakistani expatriate community in Kuwait, as remittances convert into higher rupee values, thereby supporting household incomes and strengthening foreign exchange inflows.At the same time, Kuwaiti investors and businesses operating in Pakistan gain greater purchasing power, although this can make Pakistani exports relatively more expensive in dinar terms, potentially affecting competitiveness in trade.Outlook for the KWD-PKR Pair:Looking ahead, the KWD-PKR exchange rate is expected to remain closely linked to global oil price movements, Kuwait’s fiscal and monetary stability, and Pakistan’s macroeconomic performance, including reforms aimed at controlling inflation, improving reserves, and narrowing trade imbalances.Overall, the sustained strength of the Kuwaiti Dinar highlights the structural differences between the two economies and reinforces its position as one of the most stable and high-value currencies in the region.

The Omani Riyal (OMR) remained mostly stable against the Pakistani Rupee (PKR) in Pakistan’s open market on May 15, 2026, with only minor gains recorded compared to the previous day.The buying rate slightly increased from Rs. 722.00 yesterday to Rs. 722.05 today, while the selling rate edged up from Rs. 732.79 to Rs. 732.85.The marginal rise reflects steady market activity and continued demand for the Omani currency in remittance and trade transactions.The value of the Omani Riyal (OMR) is closely tied to global oil market trends, with Brent crude prices remaining relatively stable in recent sessions.For the Pakistani Rupee (PKR), sustained remittance inflows—recently averaging around the $3.8 billion monthly level—continue to provide important support, while inflation has remained at moderate levels.Because the OMR is pegged to the US dollar, economic developments in the United States also have a direct impact on its value. At present, the exchange rate is trading slightly below longer-term averages, suggesting potential for gradual adjustments influenced by energy prices and remittance flows.These movements have practical effects on everyday life. For example, a Pakistani worker in Muscat earning 500 OMR would currently remit approximately 361,925 PKR back home. The recent stability in the exchange rate helps maintain consistent remittance value, supporting household expenses, including essential commodities such as rice.Trade between Oman and Pakistan—valued at roughly $1–1.2 billion annually, with Pakistan exporting textiles and rice and importing energy-related products from Oman—also reflects these currency dynamics. A relatively weaker OMR can make Omani imports slightly more affordable for Pakistan while offering modest benefits to exporters.For travelers, the exchange rate remains fairly stable, with 1,000 PKR still converting to about 1.38 OMR for trips to Muscat, showing little change in recent weeks.

KARACHI, May 15, 2026: The State Bank of Pakistan (SBP) has released its official money-market exchange rates for Friday, May 15, 2026.The figures represent the ready (spot) interbank benchmarks and are the primary reference for banks, currency dealers, importers, exporters, and remittance operators across Pakistan. Below is a comprehensive breakdown of the dollar rate in Pakistan today alongside all major international currencies, based exclusively on the latest SBP data.US Dollar (USD) Rate in Pakistan TodayThe US dollar to Pakistani rupee exchange rate is Rs 278.61 on the ready market today, a marginal uptick from Rs 278.32 on May 6, snapping a brief run of easing and suggesting the rupee has found a near-term floor around the Rs 278 level. The one-week forward rate is quoted at Rs 279.43, and the one-month forward stands at Rs 280.52. The one-year forward rate is priced at Rs 291.77, maintaining the market's steady long-term depreciation expectations for the rupee. With the dollar holding in a tight band between Rs 278 and Rs 279 for several weeks, currency traders and importers will be watching closely for any fresh trigger — whether from the current account data, SBP reserve figures, or global risk sentiment — that could break this consolidation phase.UK Pound Sterling (GBP) Rate in Pakistan TodayThe British pound to Pakistani rupee rate today is Rs 372.93 on the spot market, a notable decline from Rs 376.09 on May 6, marking the sharpest single-week drop for the pound in recent sessions. The one-week forward rate stands at Rs 372.87, and the one-month forward is quoted at Rs 377.07. The one-year forward rate is Rs 388.28. The pound's weakness against the rupee this week likely reflects broader sterling softness in global markets rather than any rupee-specific development. Nevertheless, Pakistani workers and students in the United Kingdom will note that today's pound rate in Pakistan delivers fewer rupees per pound compared to last week, making this a less favourable moment for large remittance transfers if the dip is expected to be temporary.Euro (EUR) Rate in Pakistan TodayThe euro to Pakistani rupee rate today is Rs 324.25 on the ready market, retreating from Rs 328.29 on May 6 as the single currency faces renewed selling pressure globally. The one-week forward rate is Rs 324.86, and the one-month rate is quoted at Rs 326.98. The one-year forward stands at Rs 344.04. The euro has now given back the gains it made earlier in the month, returning toward the lower end of its recent trading range against the rupee. For Pakistani exporters billing European buyers in euros, the weaker EUR/PKR rate means lower rupee proceeds on outstanding receivables. Importers of European goods, on the other hand, will find today's euro rate in Pakistan relatively more affordable than the levels seen a week ago.Kuwaiti Dinar (KWD) Rate in Pakistan TodayThe Kuwaiti dinar continues to top the SBP rate sheet as the most valuable currency, with the ready rate at Rs 909.45 today, easing slightly from Rs 911.71 on May 6 but remaining firmly above the Rs 909 mark. The one-week forward is Rs 911.08, and the one-month forward is priced at Rs 913.74. The one-year forward rate stands at Rs 960.07. The dinar's marginal softening is consistent with typical day-to-day fluctuations in dollar-pegged Gulf currencies and does not reflect any fundamental shift. For the large Pakistani community working in Kuwait across sectors including oil, healthcare, construction, and retail, today's Kuwaiti dinar rate in Pakistan remains among the most generous in the Gulf, ensuring substantial rupee receipts on every transfer sent home.Omani Riyal (OMR) Rate in Pakistan TodayThe Omani riyal to Pakistani rupee rate today is Rs 723.64 on the spot market, holding steady near the levels seen throughout the past month and continuing to demonstrate the stability that defines Oman's dollar-pegged currency. The one-week forward rate is Rs 724.79, and the one-month forward is Rs 728.64. The one-year forward rate is priced at Rs 757.87. Oman remains a significant destination for Pakistani skilled workers, particularly in the oil and gas, construction, and hospitality sectors. Today's OMR rate in Pakistan is the benchmark reference for the exchange companies, banks, and mobile remittance apps processing transfers from Muscat, Sohar, and other Omani cities to beneficiaries across Pakistan's provinces.Qatari Riyal (QAR) Rate in Pakistan TodayThe Qatari riyal is trading at Rs 76.36 against the Pakistani rupee on the ready market today, a slight dip from Rs 76.49 on May 6, though well within the narrow band the riyal has occupied for several weeks owing to its firm US dollar peg. The one-week forward stands at Rs 76.53, the one-month rate is Rs 76.99, and the one-year forward is priced at Rs 80.02. Pakistan's remittance inflows from Qatar have grown considerably in recent years as the Gulf state's infrastructure and services sectors continue to expand. Today's QAR rate in Pakistan is the reference point for exchange companies and digital remittance platforms serving the Pakistani workforce in Doha and other Qatari cities.Canadian Dollar (CAD) Rate in Pakistan TodayThe Canadian dollar to Pakistani rupee rate today is Rs 202.60 on the spot market, a meaningful pullback from Rs 205.46 on May 6, breaking the four-week winning streak for the loonie and marking its sharpest weekly decline since the series began in late April. The one-week forward is Rs 203.15, and the one-month forward is quoted at Rs 204.32. The one-year forward rate stands at Rs 214.97. The CAD's retreat this week likely reflects a combination of softer oil prices and a modest risk-off tone in North American markets. For Pakistani students and workers in Canada who had been benefiting from the loonie's recent strength, today's Canadian dollar rate in Pakistan represents a pullback that will be watched closely to see whether it marks a temporary correction or the start of a broader reversal.Other Currency Rates in Pakistan TodayAmong the remaining currencies in today's SBP rate sheet, the Japanese yen (JPY) is quoted at Rs 1.76, the Swiss franc (CHF) at Rs 354.79, and the Australian dollar (AUD) at Rs 199.64. The Swedish krona (SEK) is Rs 29.57, the Norwegian krone (NOK) Rs 29.99, and the Danish krone (DKK) Rs 43.91. The UAE dirham (AED) stands at Rs 75.90, the Singapore dollar (SGD) at Rs 217.85, and the Saudi riyal (SAR) at Rs 74.29. The New Zealand dollar (NZD) is at Rs 163.96 and the Malaysian ringgit (MYR) at Rs 70.54. The Bahraini dinar (BHD) is Rs 738.73, the Hong Kong dollar (HKD) Rs 35.59, and the Indian rupee (INR) Rs 2.94. The South African rand (ZAR) is at Rs 16.77, the Bangladeshi taka (BDT) at Rs 2.27, and the Chinese yuan (CNY) at Rs 40.96. The Sri Lankan rupee (LKR) is Rs 0.86, the Thai baht (THB) Rs 8.55, the Turkish lira (TRY) Rs 6.17, the South Korean won (KRW) Rs 0.19, the Russian ruble (RUB) Rs 3.79, the Mexican peso (MXN) Rs 16.08, the Indonesian rupiah (IDR) Rs 0.0160, and the Chinese offshore yuan (CNH) Rs 40.94. The Kazakhstani tenge (KZT) is quoted at Rs 0.59.Disclaimer: All rates cited are official SBP money-market (interbank) ready rates for May 15, 2026.

PESHAWAR: Security agencies and investigative authorities have made significant progress in the investigation into the targeted killing of Maulana Sheikh Idrees, arresting seven key suspects from the Mardan region as CCTV footage showing the alleged gunman’s escape route surfaced, ARY News reported.According to reports, the arrests were made during coordinated operations in the Mardan region, where seven individuals suspected of involvement in the high-profile assassination case were taken into custody. The suspects are currently being interrogated from multiple angles as authorities work to uncover the full network behind the attack.Officials said advanced technology is being extensively used to bring the case to its logical conclusion. Geofencing operations are being carried out across several sensitive areas of Peshawar, Charsadda, and Nowshera to trace the movements of the attackers and identify their facilitators.Also Read: Darul Uloom Haqqania's cleric Maulana Muhammad Idrees Turangzai martyred in CharsaddaInvestigators are also profiling all suspicious individuals present near the crime scene at the time of the incident in an effort to pinpoint the main perpetrator and any accomplices.Sources revealed that authorities have successfully traced the alleged target killer’s complete escape route following the attack on Maulana Muhammad Idrees and have obtained CCTV footage documenting his movements.According to video evidence, the suspect fled the scene on a motorcycle and reached Chamkani before being captured on another CCTV camera installed on Kohat Road.Investigators believe the suspect later used the service road to escape toward Charsadda and strongly suspect he crossed into the district’s limits shortly after 5:30am.Officials say information obtained from the seven arrested suspects, combined with CCTV footage and digital forensic analysis, has brought investigators extremely close to identifying and apprehending the central suspect in Maulana Muhammad Idrees murder case.Authorities expressed confidence that the alleged target killer will soon be arrested and brought before the law.

KARACHI: Due to the relocation and lowering of gas pipelines near the Nipa Flyover, gas supply will be temporarily suspended in several areas of Karachi during the night of Saturday, May 16, and Sunday, May 17. This was reported by ARY News, citing a social media post from Sui Southern Gas Company Limited (SSGC).According to the SSGC, the work is being conducted at the request of Trans Karachi. The project involves lowering heavy-pressure pipelines (16-inch and 20-inch diameters) near the BRT route at Nipa.The SSGC aims to complete the work during a scheduled shutdown starting Saturday at 10:00 PM and ending Sunday at 5:00 AM.However, due to the technical nature of the task, work may extend until 8:00 AM on Sunday.Read more: Major update for new gas connections in PakistanDuring this period, gas supply will be suspended or disrupted in major areas, including Liaquat National Hospital, Aga Khan University Hospital, and Karachi Central Prison.Affected Areas Include:All Blocks of Gulshan-e-IqbalPIB ColonyJamshed RoadLines AreaPECHSSaddarIt is mentioned that the regular shutdown of SSGC continues to affect Karachi from 10 am to 12 pm, then from 3 pm to 6 pm. Later, from 10 pm to 6 am the next morning.  

The UK Pound (GBP) showed a slight increase of around Rs. 5.27 against the Pakistani Rupee (PKR) in Pakistan’s open market today. The UK Pound (GBP) to Pakistani Rupee (PKR) exchange rate today, Friday, May 15, 2026, in Pakistan’s open market is approximately Rs. 377.30 to Rs. 381.78 for selling, while the buying rate ranges from around Rs. 372.17 to Rs. 381.78.The British Pound Sterling (GBP) is recognized as the world’s oldest currency still in continuous circulation, with a history dating back more than 1,200 years. As the official currency of the United Kingdom, it is one of the most actively traded currencies worldwide and remains an important reserve currency for central banks. The pound’s performance is largely driven by decisions of the Bank of England, along with UK economic data, trade conditions, and overall global market sentiment.In contrast, the Pakistani Rupee (PKR), managed and issued by the State Bank of Pakistan (SBP), is considered an emerging market currency. Its value is shaped by factors such as inflation, foreign exchange reserves, remittance flows, compliance with IMF programs, and regional geopolitical developments. With the SBP maintaining its policy rate at 10.50 percent per annum, the central bank continues to focus on maintaining price stability while supporting economic growth amid ongoing external challenges.From Pakistan’s perspective, the current GBP/PKR exchange rate has significant implications across various sectors of the economy. For importers purchasing machinery, pharmaceuticals, and educational services from the United Kingdom, the stronger Pound increases costs in rupee terms, putting pressure on profit margins and potentially contributing to higher domestic prices. For example, a commercial invoice worth £10,000 now costs nearly ₨3.78 million, compared to around ₨3.67 million when the rupee was relatively stronger earlier this year. This highlights the increasing need for effective foreign exchange hedging strategies and SBP-approved risk management measures for businesses exposed to currency volatility.The higher Pound value also affects Pakistani families supporting students in the UK, as education and living expenses become more expensive in rupee terms. With annual tuition fees and living costs in Britain generally ranging between £15,000 and £25,000, the Pound’s rise since the beginning of 2026 has added an estimated ₨40,000 to ₨100,000 per student to overall expenses. On the other hand, Pakistanis working in the United Kingdom benefit from the stronger Pound when sending money back home, as every £100 remitted now converts into approximately ₨37,843, increasing the purchasing power of recipient families and providing support to household spending in Pakistan.At the macroeconomic level, the continued strength of the Pound against the Pakistani Rupee could place additional pressure on Pakistan’s current account by raising the cost of imports from the United Kingdom and other GBP-linked markets. Although the State Bank of Pakistan’s foreign exchange reserves, estimated at nearly $21.89 billion in early April 2026, offer a reasonable cushion against external shocks, careful reserve management remains essential. Persistent depreciation of the Rupee against major global currencies, including the Pound, may also contribute to import-led inflation, making it more challenging for the SBP to achieve its inflation-control objectives.Market sentiment surrounding the GBP/PKR currency pair currently remains positive, with technical indicators on several trading platforms pointing toward a “Strong Buy” outlook driven by momentum indicators and moving average trends. Nevertheless, analysts caution that upcoming UK economic releases, particularly GDP data and statements from Bank of England officials, could create short-term fluctuations in the exchange rate. For Pakistan, the future direction of the Rupee will largely depend on developments in the IMF program, export growth, and the stability of remittance inflows from overseas Pakistanis.Pakistani individuals and businesses involved in foreign exchange transactions are advised to use official and regulated channels to verify currency rates. The State Bank of Pakistan’s daily reference rates, published on State Bank of Pakistan, remain the most reliable benchmark for exchange rate information. Customers should prefer SBP-authorized exchange companies and licensed digital platforms to ensure transparency, security, and compliance with financial regulations.For high-value currency conversions, conducting transactions during the overlap of London and Karachi market hours — generally between 12 PM and 3 PM Pakistan Standard Time — may help secure more favorable exchange rates. In addition, digital remittance platforms such as wise and remitly often provide competitive mid-market rates for personal transfers, although users are encouraged to compare the total settlement amount after including service charges and transfer fees.As global currency markets continue to fluctuate, individuals and businesses in Pakistan are encouraged to adopt disciplined foreign exchange planning, remain updated through reliable financial sources, and seek advice from licensed financial professionals for transaction-specific decisions. The movement of the British Pound against the Pakistani Rupee reflects far more than simple exchange rate changes, as it directly influences trade costs, overseas education expenses, remittance values, and overall economic stability — making informed financial awareness increasingly important in today’s market environment.Disclaimer: Exchange rates fluctuate continuously throughout trading hours

KARACHI: Additional Inspector General (AIG) Karachi, Azad Khan, has praised ARY News and senior crime reporter Nazeer Shah for exposing the controversial treatment allegedly extended to accused drug trafficker Anmol alias Pinky during a court appearance.Addressing a press conference, AIG Azad Khan commended the channel’s reporting, saying the video highlighted a highly sensitive issue and that the manner in which the matter was brought to public attention was “commendable.”Expressing serious concern over the footage, he remarked that the scenes from the courtroom created the impression that an alleged criminal was being projected as a hero rather than being treated as an accused facing serious narcotics charges.He stressed that the case carries significant importance as drug trafficking poses a grave threat to the country’s younger generation, adding that authorities must proceed with extreme caution to ensure the integrity of the investigation is not compromised.https://www.youtube.com/watch?v=iHbXpLnie3oFollowing the broadcast of the report on ARY News, Karachi Police moved swiftly by filing a review petition in court and securing the physical remand of the accused. A high-level inquiry committee was also constituted to investigate how the alleged VIP protocol was granted.According to sources, subordinate officials, including a sub-inspector and the station house officer (SHO), have recorded their statements before the inquiry committee and briefed the Deputy Inspector General (DIG) West on the sequence of events.Sources further revealed that officials appearing before the committee disclosed the name of a senior officer who allegedly ordered that Anmol alias Pinky be provided VIP treatment during her court appearance.The developments have intensified scrutiny over the handling of the high-profile narcotics case, with investigators now examining whether any internal misconduct facilitated preferential treatment for the accused. “Cocaine Queen” Anmol Pinky Latest News & Updates

KARACHI: Sindh Senior Minister Sharjeel Inam Memon on Friday accepted Opposition Leader Ali Khurshidi’s challenge for drug tests of Members of the Provincial Assembly (MPAs) following the arrest of alleged drug dealer Anmol alias “Pinky,” saying the Sindh government was ready for serious action against narcotics networks.Speaking in the Sindh Assembly, Sharjeel Inam Memon said drug abuse is not only an issue for Sindh or Pakistan but a global problem, adding that strict action would be taken against anyone involved in the narcotics trade.“The arrest of Anmol alias Pinky reflects the government’s clear intention to eliminate drugs from society,” he said.He stated that the accused had long been wanted by police, praising law enforcement agencies for arresting the alleged drug dealer.Sharjeel Memon said he had repeatedly spoken against drug abuse and stressed the need to make Sindh free from narcotics.Referring to the opposition leader’s proposal for drug testing of lawmakers, he said, “We are ready for the tests,” while urging political parties not to use the issue for point-scoring.He added that people from different sectors of society were involved in the drug trade and warned that no one linked to the network behind Anmol Pinky would be spared.Meanwhile, Opposition Leader in the Sindh Assembly Ali Khurshidi demanded accountability and called for a thorough investigation into the drug network.Addressing a press conference in Karachi, Ali Khurshidi claimed that influential individuals were involved in the racket and urged authorities to expose the entire nexus.Read More: Anmol Pinky reveals names of showbiz stars, politicians during probe“This is a societal issue, and charity begins at home,” he said, demanding that MPAs undergo drug tests to determine the extent of substance use among lawmakers.The opposition leader also criticized the Sindh government over governance issues, alleging that the PPP had failed to address problems in various departments despite being in power in the province for 18 years.He said families across Sindh were being destroyed due to narcotics and called for those backing the drug network to be brought to justice.

ISLAMABAD: The National Disaster Management Authority (NDMA) has warned of severe weather threats during the upcoming monsoon season and advised tourists to avoid vulnerable northern areas between June 25 and July 30 due to the risk of heavy rainfall, flooding and glacier melting, state-run APP reported on Friday.Speaking in an interview on Friday, NDMA expert Dr. Tayyab Shah highlighted the sharp contrast in weather conditions across Pakistan and urged people planning summer vacations in northern regions to remain extremely cautious.He said the first phase of the monsoon is expected to bring dangerous weather conditions, including intense rainfall, strong winds, thunderstorms, flash floods, glacier melting and rising flood risks in vulnerable areas.Dr. Shah explained that delayed snowfall between February and March disrupted the natural seasonal cycle, leading to accelerated glacier melting and increased water flow in rivers and streams across northern Pakistan.He also issued a warning regarding Glacial Lake Outburst Floods (GLOFs), saying rising temperatures and rapid glacier melt could trigger sudden flash floods and landslides in glacier-prone regions in the coming weeks.In addition, the NDMA has issued an extreme heatwave alert for southern parts of the country. Lower Sindh, southern Punjab and eastern Balochistan are expected to be among the worst-affected regions.Citizens in these areas have been advised to take precautionary measures, avoid unnecessary outdoor activities during peak daytime hours, stay hydrated and closely follow official weather advisories to minimize heat-related health risks.Responding to a question, Dr. Shah said the second phase of the monsoon is likely to be less severe than the first, with comparatively lower rainfall intensity and reduced weather-related hazards.However, he advised tourists to remain cautious and stay updated with official forecasts and advisories before traveling to northern areas.

KARACHI: The Iranian rial (IRR) continues to draw notable attention in Pakistan’s informal currency market as of Friday, May 15, 2026, with steady buyer activity helping sustain the local premium.IRR to PKR - Daily Updates Currency dealers across Karachi, Quetta, and Lahore report that the standard bundle of 1 crore Iranian rials (10 million IRR) is trading between PKR 8,000 and PKR 10,000 in the cash segment. This level continues to stand three to four times above the earlier baseline near PKR 2,500, despite the rial’s ongoing weakness versus leading global currencies.Current Rates as of May 15, 2026 Rates vary by dealer, city, and deal volume — always verify with authorized exchange companies for real-time quotes. Open Market (Informal Cash Market in Pakistan – Premium Bundle Rate) (Approx. based on PKR 8,000–10,000 for 1 crore / 10 million IRR) 1 PKR buys approximately 1,000 Iranian rials 10 PKR buys approximately 10,000 Iranian rials 1,000 PKR buys approximately 1,000,000 Iranian rials (10 lakh rials) 1 crore IRR costs approximately PKR 8,000–10,000 Authentic / Mid-Market Rate (International benchmark / official conversion rate – no local premium) (Approx. 1 PKR ≈ 4,700–4,720 Iranian rials) 1 PKR buys approximately 4,715 Iranian rials 10 PKR buys approximately 47,150 Iranian rials 1,000 PKR buys approximately 4,715,000 Iranian rials (approx. 47.15 lakh rials) (Equivalent: 1 crore IRR ≈ PKR 2,120–2,130) Why people are still buying the Iranian rial in Pakistan Demand stays fueled by two primary drivers: Speculation and investment: Buyers and traders keep acquiring rials in anticipation of possible gains linked to US-Iran diplomatic developments, sanctions relief hopes, or other regional geopolitical changes that might bolster the currency going forward. It is widely seen as a quick-profit play amid current conditions. Cross-border trade needs: Ongoing requirement for physical rials persists in informal and semi-official trade with Iran, particularly for petroleum products, fuel, food items, and other merchandise via Balochistan border channels. Recent adjustments in transit and export policies have backed this flow, where cash settlements in rials are essential. Experts warn that although the domestic premium offers trading chances, the rial continues to show high volatility on the global stage. Small buyers should watch out for hazards like fake notes and abrupt shifts if trade patterns or political events evolve. This Pakistan-specific open-market premium — where Iranian rials fetch far more PKR than their worldwide worth — keeps fueling the sustained attention. If you intend to trade, stick to licensed exchange companies and track developments closely, since rates can shift quickly!

Karachi, May 15, 2026 – Silver prices in Pakistan have displayed firm upward momentum today, with the chandi ka rate at Rs. 9,295 per tola—demonstrating sustained strength driven by international precious metals trends and active local demand. This performance continues the recent positive pattern, as silver remains highly responsive to global market signals and safe-haven buying interest. Current local rates stand at Rs. 7,967 per 10 grams and Rs. 796.7 per gram, supported by international spot silver activity and its reliable linkage to gold. The metal continues to draw attention as a practical safe-haven choice and vital industrial resource in the prevailing economic climate. This firmness aligns with gold’s steady positioning (local 24K gold around Rs. 510,000+ per tola), highlighting the synchronized dynamics between the two metals amid ongoing market conditions.Key Factors Driving the Silver Price Increase in Pakistan Strong Link to Gold Rally – Gold’s solid footing (international spot near $5,100+/oz and local rates firm) supports silver, as traders regularly combine both for protection and diversification aims. International Spot Silver Momentum – Global silver has preserved forceful upward influence (spot levels in elevated ranges), swiftly amplifying local PKR valuation via import outlays and currency exchange impacts. Reliable Industrial Demand – Silver’s pivotal applications in solar panels, electric vehicles, electronics, and clean energy domains secure ongoing uptake, fortifying prices through assorted market situations. Local Buyer Engagement – Pakistani acquirers and jewelers are exhibiting steady participation with silver as a shield against inflation and a comparatively economical precious metal relative to gold, powering today’s firm trend in Sarafa markets. Analysts stress silver’s oscillating yet hopeful nature—recent movements have sustained this steady phase—upheld by investment attractiveness and industrial core elements. Buyers and investors should always verify live Sarafa market quotes prior to transactions, as prices respond swiftly to international shifts and local conditions. For the most accurate real-time silver rate in Pakistan today, chandi ka rate, silver price per tola, or silver price per gram, refer to trusted platforms like Hamariweb, UrduPoint, FOREX.pk, or your local Sarafa market. Silver continues to present interesting opportunities in the current precious metals environment—stay updated for well-timed choices.Current Silver Rates in Pakistan (May 15, 2026) Weight Rate (PKR) Notes 1 Gram 796.7 Fine/Pure Silver 10 Grams 7,967 Fine/Pure Silver 1 Tola 9,295 Standard Rate Rates are approximate and based on latest Karachi Sarafa/local reports