ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday increased the electricity prices under the monthly fuel price adjustment (FPA), ARY News reported. NEPRA has raised the electricity rate by Rs 1.42 per unit and has issued a formal notification regarding the hike. According to the notification, the increase is part of the monthly adjustment for February 2026. The additional charges will be reflected in the consumers' April 2026 bills. In accordance with government policy guidelines, the price uptick will also apply to K-Electric consumers. However, the hike will not apply to Lifeline consumers or electric vehicle (EV) charging stations. NEPRA had previously reserved its decision following a hearing on the February adjustment. This follows a prior increase of Rs 1.63 per unit for the January adjustment. Earlier, Electricity consumers across Pakistan are facing a significant increase in monthly bills after fixed charges were linked to load rather than consumption.The National Electric Power Regulatory Authority (NEPRA) approved the new tariff, effective from January 2026, under which fixed charges are applied based on sanctioned load, following a request from the federal government.Previously, fixed charges were based on monthly electricity consumption and applied only to consumers using more than 300 units. Under the old system, these charges ranged between Rs200 and Rs1,000.Under the new tariff, fixed charges for domestic consumers are calculated on a per kilowatt load basis. Except for lifeline users, all domestic consumers are now subject to fixed charges, regardless of how little electricity they consume.According to NEPRA’s approval, fixed charges across different domestic slabs have been set between Rs200 and Rs675 per kilowatt per month, applicable to both protected and non-protected consumers.Under this formula, fixed charges depend on the consumer’s sanctioned load, leading to a noticeable increase in overall bills. For example, a consumer with a 5kW load could see fixed charges rise from Rs1,000 to as much as Rs3,375 per month.Experts say that, following this change, even low-consumption users are being forced to pay higher bills, as a larger portion of the charges is now linked to load rather than usage.

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) has postponed its scheduled rally at the government's request, following talks between the two sides that ended on a positive note, ARY News reported.According to details, negotiations between government and opposition leaders were held at the opposition lobby of the National Assembly, where both sides agreed to ease tensions, at least for now. The government had urged PTI to defer the rally planned for tomorrow, and the party accepted the request after consultations.The meeting was attended by Defence Minister Khawaja Asif, Law Minister Azam Nazeer Tarar and Raja Pervaiz Ashraf from the government side. Representing the opposition were Mahmood Khan Achakzai, Barrister Gohar Ali Khan and Aamir Dogar, among others.Officials familiar with the discussions indicated that the decision to postpone the rally was taken in the interest of maintaining a more constructive political environment, especially as dialogue channels between the two sides appear to be reopening. It’s not a full resolution by any stretch, but it does signal a temporary cooling of tensions.PTI’s agreement to delay the gathering reflects a willingness, at least at this stage, to engage through dialogue rather than confrontation. Further developments are expected as both sides continue talks in the coming days.https://www.youtube.com/watch?v=GIzpIn08glkPeace talks between Iran and US are expected to take place in Islamabad on Friday.Iran’s Parliament Speaker Mohammad Baqer Qalibaf is to head a negotiating team for talks with U.S. Vice President JD Vance in Islamabad in Pakistan, Iranian Students’ News Agency reported on Wednesday.The US has not yet confirmed in-person talks but says they are being discussed. 

Pakistan’s Economic Coordination Committee (ECC) of the Cabinet has approved a series of funding allocations and amendments to the Import Policy of the betel nut, a widely consumed commodity in Pakistan.The ECC meeting, held on Wednesday in Islamabad, was chaired by Finance Minister Senator Muhammad Aurangzeb.The ECC approved a summary submitted by the Ministry of National Health Services, Regulations and Coordination for a Technical Supplementary Grant (TSG) amounting to Rs. 2.8 billion in favour of the Federal Directorate of Immunization (FDI).The Committee was informed that the FDI remains a key national program aimed at immunizing over eight million children against vaccine-preventable diseases, and the grant will support continued pooled procurement of vaccines, syringes, and Cold Chain Equipment Optimization Platform (CCEOP) in coordination with the provinces.The ECC also approved a summary submitted by the Commerce Division regarding amendments to the Import Policy Order (IPO), 2022 for the import of Areca nut (betel nut), a widely consumed commodity with significant commercial importance in the domestic market.The revised framework, including pre-shipment inspection and enhanced regulatory oversight, has been introduced, under approval by the Prime Minister, to ensure compliance with phytosanitary and food safety standards, minimize disputes, and facilitate trade in line with international best practices.The Committee further approved a Technical Supplementary Grant of Rs. 306 million in favour of the Airports Security Force (ASF) under the Defence Division to meet essential obligations, including payments under the Prime Minister’s Assistance Package, encashment of Leave Preparation Reserve (LPR), and Travelling and Daily Allowances.The ECC also approved a summary submitted by the Federal Education and Professional Training Division for allocation of Rs. 2 billion through a Technical Supplementary Grant. The Committee noted that the funds have been generated through adjustment within the Public Sector Development Programme (PSDP) and will be utilized for priority initiatives, including establishment of Daanish School, Kuri, Islamabad, and the Prime Minister’s Youth Skill Development Programme under NAVTTC to enhance youth employability.The ECC emphasized the need for robust monitoring and tracking of fund utilization, with clear performance benchmarks and reporting mechanisms to ensure transparency, efficiency, and alignment with intended outcomes.The meeting was attended by Federal Minister for Power Sardar Awais Ahmad Khan Leghari, Federal Minister for Petroleum Ali Pervaiz Malik, along with federal secretaries and senior officials from the relevant ministries, divisions and regulatory authorities.

ISLAMABAD: Pakistan has announced a major initiative for Hajj 2026 pilgrims, introducing a one-window operation aimed at simplifying the pre-departure process.The Ministry of Religious Affairs and Interfaith Harmony of Pakistan has said all essential procedures, including training, vaccination, documentation, and travel arrangements for pilgrims of Hajj 2026, will now be completed under one roof, often within a single day.Officials said that the move is designed to reduce both the time and cost burden on Hajj pilgrims.Under the new system, around 119,000 Hajj pilgrims will receive a range of services at designated Hajj camps. These include mandatory vaccinations, training sessions, visa processing, air tickets, identification locket issuance, baggage tagging, and basic medical preparations.The second phase of the Hajj 2026 operation is set to begin this week on Wednesday, with camps becoming operational in 10 major cities, including Islamabad, Lahore, Karachi, Peshawar, Quetta, Faisalabad, Multan, Sialkot, Sukkur, and Rahim Yar Khan.A spokesperson for the Ministry of Religious Affairs of Pakistan, Umar Butt, said that vaccination schedules and training details have been uploaded to the Pak Hajj App.Pilgrims have been advised to bring their original national identity card and a computerised bank receipt with a photograph while visiting Hajj camps.

KARACHI: The State Bank of Pakistan (SBP) announced on Wednesday that remittances reached $3.8 billion during March 2026.According to the central bank, monthly remittances increased by 16.5% on a month-on-month (m/m) basis, though they registered a slight decline of 5.5% on a year-on-year (y/y) basis.On a cumulative basis, workers’ remittances grew by 8.2% to $30.3 billion during the first nine months of the current fiscal year (July–March FY26), compared to the $28.0 billion received during the same period last year.The SBP further noted that inflows during March 2026 were primarily sourced from Saudi Arabia ($918.4 million) and the United Arab Emirates ($823.7 million).Additionally, Pakistanis in the United Kingdom (UK) contributed $587.3 million, while those in the United States of America sent a significant amount totaling $359.3 million.Earlier, Pakistan received the highest amount of workers’ remittances from the United Arab Emirates (UAE) in February 2026, according to data released by the State Bank of Pakistan (SBP).The central bank said overseas Pakistanis sent $696.24 million from the UAE during February, making it the largest source of remittances for the month.Saudi Arabia followed closely, with Pakistan receiving $685.50 million in remittances from the kingdom.Overall, Pakistan received $3.29 billion in remittances in February 2026, reflecting a 5.2 percent increase on a year-on-year basis, the SBP said.Read More: Which country sent Pakistan the most remittances in February 2026?For comparison, remittances stood at $3.12 billion in February 2025, while they were $3.46 billion in January 2026, indicating a slight month-on-month decline but a steady annual growth trend.During the first eight months of the current fiscal year (July 2025 to February 2026), total remittances reached $26.49 billion, marking a 10.5 percent increase compared to the same period last year.Among other major sources, Pakistan received $532.03 million from the United Kingdom and $319.46 million from the United States in February.Remittances from overseas Pakistanis remain a vital source of foreign exchange for the country, supporting household incomes and contributing to economic stability. 

Dubai / Karachi, April 8, 2026 – The UAE Dirham (AED) has eased further to 75.96 Pakistani Rupees in the open market today, down 0.10 PKR from recent levels. The pair has now moved closer to the psychologically important 76.00 mark, continuing the gradual softening trend observed since late 2025.The steady foundation of the Dirham The Dirham’s reliable performance stems from its fixed peg to the US Dollar at 3.6725 AED per USD — a policy that has remained unchanged since 1997 and continues to provide strong protection against sharp volatility. The Pakistani Rupee, while floating, has been quietly supported by healthy foreign reserves and consistent remittance inflows, helping it maintain balance against the AED. Today’s rate of 75.96 PKR per AED reflects this ongoing equilibrium, offering a dependable and slightly more favorable conversion for cross-border transfers.Real support for Pakistani families For the estimated 1.5 million Pakistanis living and working in the UAE — from construction sites to corporate offices — today’s rate means each dirham sent home now converts to 75.96 PKR. Monthly remittances from the UAE regularly exceed $700 million, so even a small daily improvement adds up to meaningful assistance for families covering school fees, medical expenses, groceries, utility payments, and other essentials in Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, and beyond. These funds remain a vital economic lifeline, helping millions manage daily life and invest in a better future.Today's Quick Snapshot Current Rate: 1 AED = 75.96 PKR Change: −0.10 PKR (−0.13%) 7-day high: 76.50 PKR 30-day average: ~76.30 PKR 2025 high (July): 77.61 PKR 2025 low (Jan): 75.44 PKR 2026 Outlook Most market projections see the AED-PKR pair staying between 75.80 and 77.00 through the first half of 2026, with the central tendency around 76.10–76.60 by Q2. The UAE’s ongoing diversification into technology, renewables, logistics and tourism, combined with Pakistan’s remittance stability and reserve accumulation, is expected to keep volatility moderate.Today’s rate: 1 AED = 75.96 PKR A calm, dependable figure that quietly keeps delivering value to millions of families spanning the UAE and Pakistan.

ISLAMABAD: The Cabinet Division on Wednesday announced a two-day public holiday in the federal capital for April 9 and 10, as Pakistan hosts historic talks between the United States and Iran. The summit follows a ceasefire brokered by Prime Minister Shehbaz Sharif and the diplomatic efforts of Field Marshal Syed Asim Munir, ARY News reported. A formal notification has been issued regarding the public holiday. According to the directive, all government offices will remain closed on April 9 and 10. However, all government officers, including secretarial staff, have been instructed to work from home (WFH) during this period. Furthermore, government employees have been strictly directed not to leave the capital during these holidays. The holidays have been sanctioned as Pakistan prepares to host historic diplomatic talks between the United States and Iran on April 10. High-level delegations from both nations are expected to arrive in Islamabad on April 9. To ensure foolproof security and manage high-level arrangements for the international guests, the capital will observe a temporary lockdown. Public Holiday Extended to Rawalpindi Amid High-Level Summit in Capital Following the lead of the federal capital, Deputy Commissioner Rawalpindi Hassan Waqar has announced a two-day public holiday for the district. Similar to Islamabad, the holiday will be observed in Rawalpindi on Thursday and Friday. Islamabad Grinds to a Halt as Pakistan Hosts Historic US-Iran Peace Summit Pakistan is hosting talks between the United States and Iran in the federal capital, leading to the suspension of routine political and administrative activities.According to details, both the National Assembly and the Senate sessions have been postponed indefinitely in view of the ongoing developments linked to the negotiations.A formal notification has been issued confirming the indefinite postponement of the Senate session, which was scheduled to take place on Thursday at 11:30 am.In connection with the arrival of foreign delegations for the US-Iran talks, preparations have also begun across Islamabad. Authorities have decided to undertake beautification and arrangements from Nur Khan Air Base to various parts of the capital.The Capital Development Authority (CDA) has initiated preparations on an urgent basis, forming teams to oversee the arrangements as work on the capital’s beautification is underway. Islamabad High Court to Remain Closed on April 9-10 Amid Federal Holiday The Islamabad High Court (IHC) will remain closed on Thursday and Friday, April 9 and 10, according to a communique issued by the court. The decision was made in line with the federal holidays announced for the capital. The Registrar of the IHC confirmed the two-day closure, noting that all judicial activities will be suspended during this period. Due to the holidays, the scheduled hearing of the £190 million case against former Prime Minister Imran Khan has been postponed. Red Zone Sealed: Islamabad Police Enforce Strict Security for Foreign Delegations Islamabad Police have announced that security arrangements have been tightened across the capital following the arrival of foreign delegations. A spokesperson for the Islamabad Police stated that the Red Zone and its adjoining areas are currently closed to all types of traffic, with the exception of authorized government vehicles. The spokesperson urged citizens to avoid unnecessary travel near the Red Zone and surrounding vicinities. Meanwhile, Islamabad Traffic Police personnel are deployed on the roads to facilitate commuters and provide real-time updates. "Citizens are requested to observe restraint, remain patient, and extend their full cooperation to the Islamabad Traffic Police," the spokesperson added. Heavy Traffic Entry Banned in Islamabad Starting Today: Traffic Police The Islamabad Police have issued a traffic advisory announcing that the entry of heavy vehicles into the federal capital will be restricted starting today, Wednesday. A spokesperson for the Islamabad Police urged the owners and drivers of heavy vehicles to cooperate with law enforcement to ensure smooth traffic management and security. For further information or assistance, citizens are encouraged to contact the Traffic Helpline at 1915, the spokesperson added. Read More: Iran-US ceasefire: Pakistan to 'observe' Youm-e-Tashakur on Friday In a landmark diplomatic breakthrough, US President Donald Trump initially agreed to a two-week ceasefire at the request of Pakistani Prime Minister Shehbaz Sharif. Following this, Iran also accepted the ceasefire and agreed to reopen the Strait of Hormuz to facilitate the talks.

KARACHI, April 8, 2026, 08:45 PM PKT — The Saudi Riyal (SAR) is trading at Rs74.42 against the Pakistani Rupee (PKR) in today’s open market, according to leading currency dealers in Karachi. The selling rate remains around Rs74.99. The pair continues to stay firmly locked in the same exceptionally narrow, low-volatility channel it entered in early January 2026 — now stretching well beyond twelve weeks of remarkably flat price action. Today’s unchanged level keeps the rate significantly below the 2025 mid-year high of Rs76.03 (July peak) and near the softer territory last consistently observed in late October 2025.Remittance lifeline under prolonged pressure The Saudi Riyal continues to serve as the single most important monthly income source for millions of Pakistani households. Workers in Saudi Arabia’s construction, healthcare, hospitality and domestic sectors keep the remittance corridor active and reliable. Saudi Arabia retains its position as the top remittance-origin country, contributing $913.3 million in May 2025 alone — the largest single-country inflow. Cumulative remittances from July 2024 to May 2025 reached $34.9 billion, reflecting a strong 28.8% year-on-year increase. At today’s rate of Rs74.42, every 1,000 Riyals sent home equals Rs74,420 — a gradual but persistent decline from earlier 2025 levels. While still providing essential support for school fees, medical treatment, groceries, utility bills and household expenses, the prolonged softness is putting quiet but mounting pressure on remittance-dependent families amid ongoing inflation.Economic implications of today’s rate A Riyal trading around Rs74.40–74.50 generates opposing forces: Remittance-receiving families face a slow but steady reduction in real purchasing power. Importers of Saudi crude oil, refined products and petrochemicals continue to enjoy lower costs in rupee terms. Pakistan’s trade balance gains modest indirect relief from cheaper imports. Foreign exchange reserves (above $11 billion as of late 2024) are still being steadily supported by these inflows, helping the State Bank manage inflation and external debt obligations. The softer Rupee also helps keep Pakistani exports (rice, textiles, leather, surgical instruments, fresh produce) attractive on international markets.Quick reference: the two currencies Saudi Riyal (SAR) — subdivided into 100 halala, rigidly pegged to the US dollar (≈ 3.75 SAR = 1 USD), managed by SAMA for maximum stability. Pakistani Rupee (PKR) — symbol ₨, operates under a managed float supervised by the State Bank of Pakistan, influenced by inflation, trade balance and — most importantly — remittance volumes. The SAR to PKR pair has now spent more than twelve weeks in this unusually compressed range — one of the longest periods of sustained low volatility in recent memory. With overseas Pakistani worker outflows remaining robust and seasonal drivers (Hajj/Umrah travel, fiscal year-end bonuses) still providing support, the remittance corridor continues to be one of Pakistan’s most reliable economic lifelines. A decisive break from this range would likely require a meaningful shift in global dollar strength, oil prices or domestic reserve dynamics. For the time being, the Riyal at Rs74.42 remains a quiet but critical pillar for millions of households — even as each paisa of erosion is increasingly noticed. Sources: State Bank of Pakistan, Forex Association of Pakistan, open-market dealer quotes

KARACHI: The Chief Minister of Sindh, Syed Murad Ali Shah, has approved new subsidies for public transport and small-scale farmers as authorities seek to ease the impact of rising global fuel prices.Presiding over a meeting at the Chief Minister's (CM) House, the chief minister reviewed the targeted public transport subsidy program, designed to maintain affordable fares and ensure the operational sustainability of the province’s transport network amid unprecedented fuel price increases.The CM was informed that petrol and diesel prices had risen sharply due to global geopolitical factors, with diesel and petrol costs increasing significantly in recent months. The surge has raised concerns over higher transport fares and declining ridership.Murad Ali Shah said the government would not allow the burden to fall on ordinary citizens.“We cannot allow the burden of rising fuel prices to fall on the common man,” he said, adding that the targeted subsidy is aimed at maintaining fares and keeping public transport running efficiently across Sindh,” the chief minister said.Targeted transport subsidyUnder the mechanism, both federal and provincial governments are sharing the subsidy burden. Transport operators will receive financial support based on vehicle type and route length, on the condition that fares are not increased.Authorities estimate the province’s transport network includes more than 10,800 vehicles operating across 224 routes, serving around 1.9 million passengers daily. The subsidy is expected to cost about Rs. 2.15bn per month.Digital monitoring & transparencyTo ensure transparency and accountability, the subsidy will be disbursed through a digital, app-based system, integrating route permits, vehicle fitness data, and bank account verification. Payments will be made directly to operators, with monitoring through inspections and commuter feedback.The Excise and Transport depts highlighted built-in safeguards, including OTP verification, standardised fuel benchmarks, and periodic reviews to manage fiscal impact.Rs.3 bn relief for small growersIn a separate measure, Sindh government approved Rs. 3bn in financial subsidy for approximately 366,000 small farmers.The subsidy is intended to balance rising diesel costs during the wheat harvesting season, particularly for those owning between one and 25 acres of land.Murad Shah directed that the subsidy program be launched from tomorrow, 9 April 2026, ensuring immediate relief to farmers.He described small farmers as “the backbone of the rural economy” and said the assistance would help them continue operations without additional financial strain.The chief minister said the Sindh government was moving away from blanket subsidies in favour of more targeted and efficient support.The meeting concluded with directions to all departments to expedite implementation, strengthen coordination, and ensure that both transport and agriculture support measures are rolled out effectively and without delay.

ISLAMABAD: Prime Minister Shehbaz Sharif has issued immediate orders to decrease petrol and diesel prices following a dip in the international market, ARY News reported.In an exclusive conversation with ARY News, State Minister for National Heritage Huzaifa Rehman stated that the Prime Minister directed the price cuts without delay to ensure the benefits of global market relief reach the public directly.The State Minister clarified that the government is determined to pass on the full impact of international price reductions to the masses.Rehman noted that the Premier has deep empathy for the people's grievances. He added that the Prime Minister had previously taken the difficult decision to increase petroleum prices with a "heavy heart," as it was a necessary step to stabilize the national economy."Now that prices have lowered in the international market, the PM has directed relief for the masses without wasting a single moment," Rehman said.https://youtube.com/shorts/Bhj17oB7xnY?si=TdtUztrRUFnE5KurHe further emphasized that the government would ensure that the decrease in fuel costs leads to a reduction in the prices of essential commodities.Strict legal action will be taken against profiteers and elements who use previous fuel rates as an excuse to maintain high inflation.Read More: Karachi traders, transporters call off strikeRehman concluded by stating that the government's top priority is to lift the burden of inflation off the common man, promising further economic relief in the coming days.

Karachi, April 08, 2026 – The State Bank of Pakistan (SBP) has published its latest Mark-to-Market (M2M) currency rates for authorized dealers, providing updated reference rates for foreign currency transactions against the Pakistani Rupee (PKR). Here's a comprehensive breakdown of today's key currency rates for traders, importers, exporters, and remittance senders. US Dollar (USD) at PKR 279.05 The US Dollar, Pakistan's most traded foreign currency, is quoted at PKR 279.05 (ready rate) for same-day settlements in today's SBP report. The greenback shows modest forward premiums across tenors, with the 1-year rate projected at PKR 289.79, reflecting measured market expectations of rupee depreciation over the coming months. The USD/PKR rate remains the cornerstone benchmark for international trade, remittance inflows, and foreign debt servicing obligations. British Pound (GBP) Trades at PKR 374.45 Sterling continues to command a significant premium against the rupee, with the British Pound quoted at PKR 374.45 for ready transactions. The GBP/PKR pair shows steady upward momentum in forward markets, reaching PKR 387.51 for 1-year contracts. UK-bound remittances and bilateral trade flows remain sensitive to this rate, particularly for Pakistani expatriates and importers of British goods and services. Kuwaiti Dinar (KWD) Leads at PKR 910.45 The Kuwaiti Dinar remains the highest-valued currency against the PKR in today's report, trading at PKR 910.45 on a ready basis. As a key currency for Pakistani workers in the Gulf Cooperation Council region, the KWD/PKR rate directly impacts remittance inflows from Kuwait. Forward rates indicate gradual appreciation expectations, with the 1-year rate at PKR 953.43, signaling sustained demand for Gulf currencies. Qatari Riyal (QAR) at PKR 76.54 The Qatari Riyal is quoted at PKR 76.54 for same-day settlements. With a significant Pakistani labor presence in Qatar's energy, construction, and services sectors, this rate is closely watched for remittance calculations and cross-border trade. The QAR shows stable forward pricing, with the 12-month rate at PKR 79.45, reflecting contained volatility expectations in the Gulf currency basket. Bahraini Dinar (BHD) Firm at PKR 739.21 The Bahraini Dinar holds strong at PKR 739.21 in ready transactions. As another key Gulf currency for Pakistani expatriates, the BHD/PKR rate influences cross-border money transfers and trade settlements with Bahrain. Forward curves suggest measured appreciation, with the 1-year rate projected at PKR 765.85, aligning with broader regional currency trends. Canadian Dollar (CAD) at PKR 201.41 The Canadian Dollar is trading at PKR 201.41 for ready value. With growing educational, immigration, and business ties between Pakistan and Canada, the CAD/PKR rate is increasingly relevant for students, families, and SMEs engaged in cross-border commerce. Forward rates indicate moderate upward pressure, with the 1-year contract at PKR 211.94. Other Currencies in Focus Beyond the priority currencies, several other major and regional currencies are actively quoted in Pakistan's foreign exchange market today. The Euro (EUR) stands at PKR 326.13, while the Japanese Yen (JPY) is at PKR 1.76. Gulf currencies include the UAE Dirham (AED) at PKR 75.98, Saudi Riyal (SAR) at PKR 74.36, and Omani Rial (OMR) at PKR 724.81. Asian peers feature the Chinese Yuan (CNY) at PKR 40.88, Malaysian Ringgit (MYR) at PKR 70.14, Indian Rupee (INR) at PKR 3.01, Sri Lankan Rupee (LKR) at PKR 0.89, and Bangladeshi Taka (BDT) at PKR 2.27. Other notable rates include the Australian Dollar (AUD) at PKR 196.72, Swiss Franc (CHF) at PKR 354.04, Singapore Dollar (SGD) at PKR 218.92, New Zealand Dollar (NZD) at PKR 162.49, and South African Rand (ZAR) at PKR 17.00. European currencies include the Swedish Krona (SEK) at PKR 30.11, Norwegian Krone (NOK) at PKR 29.11, and Danish Krone (DKK) at PKR 43.64. Emerging market currencies show the Brazilian Real (BRL) at PKR 54.16, Turkish Lira (TRY) at PKR 6.27, Indonesian Rupiah (IDR) at PKR 0.016, Mexican Peso (MXN) at PKN 15.97, Russian Ruble (RUB) at PKR 3.56, South Korean Won (KRW) at PKR 0.19, and Kazakhstani Tenge (KZT) at PKR 0.59. The Hong Kong Dollar (HKD) is quoted at PKR 35.63, while the Thai Baht (THB) trades at PKR 8.70. The Argentine Peso (ARS) shows limited forward liquidity with a ready rate of PKR 0.20. Note: These Mark-to-Market (M2M) rates are issued by the State Bank of Pakistan for authorized dealers to revalue their foreign exchange books daily.

RAWALPINDI: The Rawalpindi district administration on Wednesday refused to grant permission to Pakistan Tehreek-e-Insaf (PTI) to hold a public gathering scheduled for Thursday at Liaquat Bagh.The administration cited the imposition of Section 144 in the district as the primary reason for the denial.PTI had announced on Monday that it would hold a political gathering at Liaquat Bagh on April 9 and warned that it would pursue legal action if permission was not granted.In a letter addressed to Aqil Khan, PTI General Secretary for Rawalpindi District, the Deputy Commissioner stated that the decision was made after a comprehensive assessment of the prevailing law and order situation and recent security threat alerts. The matter was also reviewed in meetings of the District Intelligence Committee (DIC).According to the letter, the committee considered the current threat environment and feedback from law enforcement agencies, which highlighted credible risks associated with large public gatherings. It noted that such events could pose serious dangers to the lives and property of both participants and the general public.The Deputy Commissioner further stated that, given the existing security situation, Section 144 of the Criminal Procedure Code (Cr.P.C), 1898, has already been enforced across Rawalpindi district.The DIC also observed that the extensive deployment of police personnel and security resources required to secure such a large and complex venue is not currently feasible. This is due to constraints arising from the global energy crisis and recently announced government austerity measures.Under these circumstances, the administrative, logistical, and financial requirements needed to ensure security at a large-scale public gathering present significant challenges, DC Rawalpindi noted.In light of these factors, and based on the unanimous recommendation of the District Intelligence Committee and input from law enforcement agencies, the request to hold the rally has been rejected, the letter added.

Pakistan to 'observe' Youm-e-Tashakur (Day of Gratitude)  on Friday following ceasefire between the United States and Iran, ARY News reported on Wednesday, citing sources.The decision was reportedly taken during a meeting of the federal cabinet, chaired by Shehbaz Sharif, here today in Islamabad.Sources said the cabinet decided to observe Friday as a “Day of Gratitude”. An appeal was also made to the nation to offer special prayers for the success of ongoing negotiations.During the meeting, Prime Minister Shehbaz Sharif paid tribute to the efforts of Chief of Defence Force (CDF) Field Marshal Asim Munir.Cabinet members thumped their desks in appreciation of Field Marshal Syed Asim Munir. Participants of the meeting also congratulated Prime Minister Shehbaz Sharif, according to sources.Read more: Iranian president accepts invitation for Islamabad talks following ceasefire with USMeanwhile, President of Iran Masoud Pezeshkian accepted an invitation to participate in talks in Islamabad following ceasefire with United States, according to an official statement.As per details, Prime Minister Shehbaz Sharif held a telephone conversation with Iranian President Masoud Pezeshkian following ceasefire announcement by President Donald Trump.The discussion, described as cordial and friendly, lasted for more than 45 minutes. During the conversation, Prime Minister Shehbaz Sharif appreciated the Iranian leadership’s wisdom in showing willingness towards a ceasefire.He also offered to host talks between Iran and the United States in Islamabad later this week. President Masoud Pezeshkian confirmed his participation in the proposed talks in Islamabad, the statement added. The premier also expressed respect for Iran’s Supreme Leader, Ali Khamenei.

Karachi, April 8, 2026 – Silver prices in Pakistan have shown notable upward movement today, with the chandi ka rate at Rs. 8,702 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 responsive to global market signals. Current local rates stand at Rs. 7,459 per 10 grams and Rs. 745.9 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. 520,000+ 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.Current Silver Rates in Pakistan- April 8, 2026 Weight Rate (PKR) Notes 1 Gram 745.9 Fine/Pure Silver 10 Grams 7,459 Fine/Pure Silver 1 Tola 8,702 Standard Rate   Gold Rates Today in Pakistan

ISLAMABAD: Petroleum prices likely to be reduced by Rs 30 to 60 per litre after the prices in international market dropped in result of the ceasefire between Iran and the United States.The prime minister has issued special instructions after falling petroleum prices in the global market. Prime Minister has directed concerned ministries to extend benefit of the oil prices in international market to people."The finance and petroleum ministries have started considering over reduction in fuel prices," sources said.The authorities would take decision about change in prices after monitoring crude prices for two days, according to sources.It is to be mentioned while citing sources that the prices of petroleum products have dropped by 16 percent after announcement of ceasefire in the Middle East war. Petrol Relief in Pakistan- All Updates It is to be mentioned here that the federal cabinet also considered change in fuel prices in its meeting on the cessation of hostilities in the region in result of Pakistan's mediation effort.The cabinet also reviewed the stocks of petroleum products currently available in the country, sources added.Pakistan’s petrol prices skyrocketed to a historic high of Rs458.41 per litre April 3, 2026. The government’s decision sparked widespread criticism, with citizens expressing frustration over the unprecedented price hike.Traders warned of protests if the increase is not withdrawn, while rights bodies urged the government to review its decision and provide relief to the public. In response, Prime Minister Shehbaz Sharif announced a reduction in petrol levy, bringing the price down to PKR 378 per litre, and introduced subsidies for motorcycle users, goods transport vehicles, and passenger vehicles. However, the impact of the price hike is expected to be far-reaching, with potential increases in food prices and construction costs

Karachi Chamber of Commerce and Industry (KCCI)  has called for the awarding of the Nobel Prize to Prime Minister Shehbaz Sharif and Field Marshal Asim Munir for their ceasefire efforts between US and Iran.US President Donald Trump agreed to a two-week ceasefire with Iran, less than two hours before his deadline for Tehran to reopen the Strait of Hormuz or face devastating attacks on its civilian infrastructure in which he had threatened ‘a whole civilization will die’.Iran said talks between the US and Iran would begin on Friday in Islamabad, Pakistan, whose prime minister helped mediate the ceasefire.Donald Trump said Iran had ‌presented a ⁠10-point proposal that was a “workable basis” for negotiations and he expected an agreement to be “finalized and consummated” during the two-week window.According to the KCCI, a ceasefire was made possible due to the efforts of Prime Minister Shehbaz Sharif and Field Marshal Asim Munir.The chamber further urged the government to engage with the United States to seek a reduction in tariffs and to push for the completion of the Iran–Pakistan Gas Pipeline.Speaking in Karachi, business leader Zubair Motiwala said that 80 per cent of investment from Pakistan to the Middle East had been transferred abroad through the State Bank of Pakistan.He added that people are reluctant to deposit money in Roshan Pakistan Accounts due to conversion into local currency.Zubair Motiwala also noted that the circumstances were different when Donald Trump was proposed for the Nobel Prize, adding that the current situation is not the same.

President of Iran Masoud Pezeshkian has accepted an invitation to participate in talks in Islamabad following ceasefire with United States, according to an official statement.As per details, Prime Minister Shehbaz Sharif held a telephone conversation with Iranian President Masoud Pezeshkian following ceasefire announcement by President Donald Trump. ایران نے رواں ہفتے اسلام آباد میں امریکا کے ساتھ مذاکرات کی میزبانی کی پیشکش قبول کرلی#ARYNews #BreakingNews #Islamabad #Pakistan #Iran #USA pic.twitter.com/qds5OjzwKb — ARY NEWS (@ARYNEWSOFFICIAL) April 8, 2026 The discussion, described as cordial and friendly, lasted for more than 45 minutes. During the conversation, Prime Minister Shehbaz Sharif appreciated the Iranian leadership’s wisdom in showing willingness towards a ceasefire.He also offered to host talks between Iran and the United States in Islamabad later this week. President Masoud Pezeshkian confirmed his participation in the proposed talks in Islamabad, the statement added. The premier also expressed respect for Iran’s Supreme Leader, Ali Khamenei.On the occasion, Iran President Pezeshkian thanked the Pakistani leadership for its efforts in facilitating a temporary ceasefire and conveyed his good wishes for the people of Pakistan.Both leaders agreed to remain in close contact going forward, the statement added.It is to be noted that US President Donald Trump agreed to a two-week ceasefire with Iran, less than two hours before his deadline for Tehran to reopen the Strait of Hormuz or face devastating attacks on its civilian infrastructure in which he had threatened ‘a whole civilization will die’.

Karachi traders and transporters have postponed a planned strike following a meeting with Sindh Governor Nehal Hashmi, who assured them that their issues would be addressed on a priority basis.Traders had announced a strike against surging inflation, a sharp increase in petroleum prices.President Karachi Electronic Dealers Association, Rizwan Irfan confirmed that in light of the governor’s assurances, the strike call has been withdrawn. He stated that the government’s commitment to resolve the concerns promptly has encouraged the stakeholders to hold off their protest.Good Transporters Association President, Malik Shehzad Awan added that the governor had promised to raise the issues of goods transporters with the Prime Minister, ensuring that their grievances would receive immediate attention.He also confirmed that the protest has been postponed following these reassurances.Meanwhile, Malik Shehzad Awan praised Field Marshal Asim Munir and Prime Minister Shehbaz Sharif for their roles in the recent Iran-US ceasefire agreement, highlighting Pakistan’s growing diplomatic profile.

ISLAMABAD: Global leaders on Wednesday praised Pakistan’s diplomatic efforts after the United States and Iran agreed to a two-week ceasefire aimed at paving the way for dialogue.Pakistan, which has developed close ties with Donald Trump, has recently emerged as a key channel of communication between Tehran and Washington.In a post on Truth Social, Trump said the decision followed direct talks with Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, who urged him to hold off planned “destructive force” against Iran.Prime Minister Shehbaz Sharif announced that Islamabad will host delegations from both the United States and Iran on Friday, following the ceasefire agreement in the Middle East.Subsequently, Iranian Foreign Minister Abbas Araghchi confirmed a halt to defensive operations.“On behalf of the Islamic Republic of Iran, I express my gratitude and appreciation to my dear brothers, Prime Minister Sharif and Field Marshal Munir, for their tireless efforts to end the war in the region,” he said.President of the European Commission, Ursula von der Leyen and German Chancellor Friedrich Merz thanked Pakistan for its mediation role. I welcome the two-week ceasefire agreed by the United States and Iran last night. We thank Pakistan for its mediation.The aim now is to negotiate a lasting end to the war. We are in close coordination with our partners on this matter.— Bundeskanzler Friedrich Merz (@bundeskanzler) April 8, 2026 UN Secretary-General Antonio Guterres also welcomed the announcement of ceasefire, praising Pakistan’s efforts towards peace in the region.EU foreign policy chief Kaja Kallas spoke to Pakistani Foreign Minister ishaq dar and thanked him for securing this initial deal. She said the door to mediation must remain open, as the underlying causes of the war remain unresolved. The U.S.–Iran agreement on a ceasefire is a step back from the brink after weeks of escalation. It creates a much-needed chance to tone down threats, stop missiles, restart shipping, and create space for diplomacy towards a lasting agreement. The Strait of Hormuz must be open…— Kaja Kallas (@kajakallas) April 8, 2026 UK High Commissioner to Pakistan, Jane Marriott, stated: “Thank you, Pakistan, for the quiet, effective diplomatic role you have played in bringing about this vital ceasefire.”New Zealand’s Minister of Foreign Affairs, Winston Peters, said: “We are grateful for the work of Pakistan, and others such as Türkiye and Egypt, in seeking a solution to the crisis.”Australian Prime Minister Anthony Albanese and Foreign Minister Penny Wong, in a joint statement, said: “We thank and support the work of negotiators, including Pakistan, Egypt, Türkiye and Saudi Arabia, in advancing de-escalation efforts.”Kazakhstan’s President Kassym-Jomart Tokayev credited Pakistan for the ceasefire, saying he welcomed the agreement reached through the mediation of Prime Minister Shehbaz Sharif and Field Marshal Asim Munir. 🇰🇿 President Kassym-Jomart Tokayev welcomes the achievement of an agreement on a full ceasefire and truce in the #MiddleEast, reached with the mediation of Prime Minister of #Pakistan Shehbaz Sharif (@CMShehbaz) and Chief of Army Staff of Pakistan, Field Marshal Asim Munir. This…— Press Office of the President of Kazakhstan (@aqorda_press) April 8, 2026 Malaysian Prime Minister Anwar Ibrahim said: “I once again extend our sincere congratulations and deep appreciation to Pakistan and Prime Minister Shehbaz Sharif for the tireless and courageous diplomacy that helped bring this moment about.”He added that Pakistan’s willingness to engage all sides “reflects the highest traditions of Muslim solidarity and international responsibility,” and said Malaysia stands ready to support such efforts.

RAWALPINDI: Police in Rawalpindi have registered a case against hundreds of individuals after a protest allegedly incited by Aleema Khan turned violent, leading to clashes with law enforcement.According to the First Information Report (FIR) lodged at Sadr Bairooni police station, around 400 workers have been nominated in the case, including Pakistan Tehreek-e-Insaf (PTI) figures such as MNA Shahid Khattak and Khyber Pakhtunkhwa provincial minister Meena Khan.Others named in the case include Khyber Pakhtunkhwa government spokesperson Shafi Jan and Mirza Afridi, along with Shafqat Awan, Iqbal Afridi and Naeem Panjutha.The FIR states that 41 individuals were arrested from the scene, while nine police personnel sustained injuries due to stone-pelting by protesters. Authorities also claimed that materials used for making petrol bombs were recovered from 13 vehicles taken into custody.Police alleged that the accused had planned the protest in advance and attempted to exert pressure through violent means. During the unrest, a government vehicle was reportedly damaged, while demonstrators raised slogans against state institutions.The report further stated that the protesters blocked a major highway, disrupting daily life and bringing traffic to a standstill in parts of the city.