KARACHI: Another tragic incident involving an overspeeding dumper has claimed two lives in Karachi, ARY News reported on Sunday.As per details, the incident occurred in the Federal B Area, where a speeding dumper hit a motorcycle, resulting in the death of siblings on the spot, while injuring their father.https://youtu.be/jCCKkXawPxsThe victims were identified as 14-year-old Ahmed Raza and 22-year-old Mahnoor.Rescue teams shifted the bodies of the deceased and the injured man to the hospital for medico-legal formalities and treatment.Uncle of the deceased siblings said, Mahnoor was set to get married next month, for which his brother was doing shopping with her children, when the incident happened.This incident adds to a string of fatal dumper-related accidents in Karachi.Read more: Karachi dumper crushed motorcyclist to death, driver arrestedLast month, a similar tragedy on the National Highway near Malir Court claimed the life of a motorcyclist. The dumper driver in that case fled the scene but was later arrested.Rescue officials said that following last month’s accident, enraged locals pelted stones at the dumper and assaulted the driver. In retaliation to the growing anger, six other dumpers passing through the area were set ablaze by the mob.
ISLAMABAD: The National Database and Registration Authority (NADRA) has revealed an easy and user-friendly process for obtaining the new Smart Pakistan Origin Card (POC), targeted at foreign nationals of Pakistani origin. NADRA POC is designed for individuals who have aquired a foreign nationality from their Pakistani citizenship, as well as those foreign nationals whose parents, grandparents, or close relatives are or were Pakistani citizens.POC also covers the eligibility of foreign spouses of Pakistani nationals. NADRA- NIC, NICOP, FRC Information Portal NADRA POC Step-by-Step GuideApplicants have to use the Pak ID account of a family member, such as a parent, sibling or child, to start the process. Upon logging into the Pak ID application, click on ‘Apply for ID Card’, then choose ‘My blood relative’, then select ‘No’, and finally select ‘New POC’. Once these steps are done, proceed with the request.The Smart Pakistan Origin Card application would then require personal details, biometric data, a photograph, and supporting documents.Processing times are diverse within categories:The duration for the executive category is 7 days. While for the urgent category, duration is 12 days, and the normal category takes 30 days.Upon approval, the card is delivered directly to the address of the applicant.Benefits of the Smart POCSmart Pakistan Origin Card benefits its holder in different ways, including visa-free entry to Pakistan, the authority to live independently without any registration, and the right to own property within Pakistan.NADRA POC holder can also open their bank accounts, expedite immigration processes, and avail employment within the country.Read More: NADRA issues public advisory on data protectionEarlier, the National Database and Registration Authority (NADRA) has issued a public advisory to refrain from sharing personal information with unauthorised websites or mobile applications, urging citizens to protect their Data online.NADRA on Wednesday issued the alert about potential identity theft due to growing concerns over fraudulent platforms pretending to be NADRA to get citizens’ personal information.
LAHORE: The customs authorities at Allama Iqbal International airport successfully executed a major Lahore airport drug bust, foiling a smuggling attempt of 15 kilograms of high-quality narcotics into Pakistan, ARY News reported. According to the Lahore customs authorities, the Collector of Customs Airports, Tahir Habib Cheema, received a tip-off, upon which the foreign suspect, who had arrived from Bangkok via Thai Airways, was stopped.The arrest was executed, following the observation of the passenger’s movements upon arrival by the intelligence.Initially, the suspect crossed the international arrivals’ green channel without carrying any luggage. However, he came back shortly afterwards to collect his baggage, which prompted Lahore customs authorities to conduct a detailed inspection.During the inspection, more than 15 kilograms of premium-grade narcotics were found hidden within the luggage.The estimated cost of the seized narcotics in the Lahore airport drug bust is estimated to be worth approximately PKR 31 million (USD 110,000) in the international market.A formal FIR has been registered against the suspect, having taken the suspect into custody. Officials have started further investigations to find any associates operating within Pakistan.Officials highlighted that advanced technology will be kept in use to stop future smuggling attempts.This Lahore airport drug bust indicates the caution and efficiency of Pakistan’s customs enforcement in fighting transnational narcotics trafficking.Read More: FIA arrests human traffickers in LahoreEarlier, the Federal Investigation Agency (FIA) Lahore Zone detained five suspects involved in human trafficking, along with a main suspect linked to the 2023 Greece boat tragedy.According to the FIA spokesperson, the suspects were arrested during combined raids in Lahore and Sheikhupura.The attempt was to smuggle the victim via boat from Libya to Italy, but the boat upturned in a deadly mishap in Greek waters, leaving the victim missing.The other suspect, Bilal Ahmad, reportedly duped a citizen of Rs 630,000, promising him to provide a Qatar work visa.
ISLAMABAD: The Executive Committee of the National Economic Council (ECNEC) has approved a 100-megawatt solar photovoltaic power project for multiple locations across Gilgit-Baltistan, fulfilling a commitment made by Prime Minister Muhammad Shehbaz Sharif just two days earlier.According to the Prime Minister’s Office Media Wing, work on the Rs24.957 billion project will begin immediately and is expected to be completed within three years.The initiative had already been cleared by the Central Development Working Party (CDWP).The project will benefit the districts of Astore, Daryal, Tangir Diamer, Ghanche, Ghizer, Gilgit, Hunza, Ishkoman, Nagar, Rondu, Skardu, and Shigar.In the first phase, Skardu will receive 18.958 MW of electricity. The second phase will supply Hunza with 6.005 MW, Gilgit with 28.013 MW, and Diamer with 13.126 MW. In the third phase, the remaining districts will receive 16.096 MW collectively.Read More: PM Shehbaz announces Rs4 billion relief package for flood-hit Gilgit-BaltistanAdditionally, the project will provide 18.162 MW of off-grid electricity to hospitals and government offices across the region.
ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar on Saturday directed officials to implement measures for fast-track visa issuance, particularly for members of the overseas Pakistanis, including investors and business professionals.Senator Mohammad Ishaq Dar chaired a meeting to review Ministry of Foreign Affairs’ initiatives introduced in the year 2024 under his guidance to reform visa processes at Pakistan missions abroad.The DPM/FM reviewed progress and directed further measures to streamline procedures, enhance transparency, improve efficiency, and ensure fast-track visa issuance, particularly for the Pakistani diaspora, including investors and the business community, Foreign Office spokesperson said in a press release.Read More: UAE Visa exemption for Pakistani diplomatic, official passport holders in effectEarlier, the United Arab Emirates (UAE) Sunday officially implemented a visa exemption for holders of Pakistani diplomatic and official passports, effective July 25, 2025.The development was announced by Pakistan’s Deputy Prime Minister and Foreign Minister Ishaq Dar via the social media platform X.He stated that the agreement was finalized during his meeting with UAE Deputy Prime Minister and Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan in Abu Dhabi on June 24, where both leaders signed a Memorandum of Understanding (MoU) formalizing the mutual visa waiver.
SUKKUR: The Superintending Engineer of Sukkur Barrage on Saturday wrote a letter to the Project Director, flagging serious faults and the use of substandard materials in the recently replaced weir gates.According to the letter, low-quality materials were used in the project. During a water flow of 300,000 cusecs, the gates began vibrating. Within just one month, the wheels and nut-bolts used to raise and lower the gates had rusted.The letter also highlighted that the gates are uneven in weight, and the hydraulic system and gearboxes are not functioning properly.Read More: Sukkur Barrage’s 16 gates replacement work completesThe Superintending Engineer noted that although the company is due to replace 28 more gates this year, defects have already been identified in 16 of the newly installed gates.Pritam Das, Project Director, Sindh Barrages Improvement Project, said the contractor, barrage administration, and project directorate jointly inspected the barrage and informed the contractor of all faults.He added that the site has not yet been handed over to the management after the replacement of gates, adding that full payment will only be made once all defects are rectified.
MUZAFFARABAD: In a tragic incident, a girl died on Saturday after falling into a ravine while trying to flee from a group of harassers in Muzaffarabad, ARY News reported.The incident occurred on Pir Chinasi Road, where a group of men assaulted a boy and a girl who were talking beside a car parked by the roadside, beating both of them.According to DSP City Faisal Shafiq, the girl panicked and ran to escape the attackers but fell into a ravine, sustaining severe injuries. The boy rushed the girl to the hospital in critical condition, but she succumbed to her injuries.Read More: Suspect arrested for rape, murder of minor girl in KhuirattaPolice have taken the boy into custody, and the DSP confirmed that two people—including the man who was with the girl—have been arrested. Raids are underway to apprehend the remaining suspects.
LAHORE: A motorcyclist snatched earrings from an elderly woman in Lahore’s Ghaziabad area, ARY News reported on Saturday.CCTV footage of the incident shows the woman sitting at a vegetable shop when the masked suspect first rode past her on a motorcycle, then returned on foot. Taking advantage of the moment, he forcibly removed earrings from both her ears before fleeing.https://www.youtube.com/watch?v=6GVyUck-mco&t=28sPolice said the suspect is being traced through CCTV cameras. SP Cantt Qazi Ali Raza confirmed that a case has been registered against the unidentified suspect on the complaint of the victim’s son, Nadeem Bhatti.He assured that the culprit’s arrest would be ensured at the earliest.Read More: FIA arrests human traffickers in LahoreEarlier, the Federal Investigation Agency (FIA) Lahore Zone has detained five suspects involved in human trafficking, along with a main suspect linked to the 2023 Greece boat tragedy, ARY News reported.According to the FIA spokesperson, the suspects were arrested during combined raids in Lahore and Sheikhupura.In the FIA Lahore raids, the arrested suspects were identified as Sibtain Abbas, Bilal Ahmad, Waseem Azam, Muhammad Riaz, and Muhammad Aamir Farooq. Suspect Sibtain Abbas reportedly extorted Rs 1.7 million from a citizen, luring him to send to Italy on a work visa.The attempt was to smuggle the victim via boat from Libya to Italy, but the boat upturned in a deadly mishap in Greek waters, leaving the victim missing.
LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has approved an interest-free loan scheme worth Rs 100 billion to support wheat farmers and boost production across the province.She has directed the relevant departments to prepare a comprehensive plan aimed at reducing input costs ahead of the upcoming wheat sowing season and ensuring an ample supply of fertilizers.Chairing a meeting on Saturday, the CM emphasized that targeted subsidies should be provided to small farmers to deliver meaningful relief. She stressed the importance of timely sowing for achieving higher yields.Officials briefing the CM reported that Punjab farmers have received Rs 63 billion in subsidies over the past two months and secured Rs 50 billion in interest-free loans through the Kisan Card scheme.Read More: Workers to get 1,220 flats in PunjabUnder the Chief Minister’s Wheat Support Program, Rs 13 billion in subsidies have already been distributed, and fertilizer usage—particularly DAP—has risen significantly due to the Kisan Card initiative.“Wheat farmers will not be left alone. The government will provide full support to ensure Punjab’s farmers have access to the best facilities and assistance,” Maryam Nawaz Sharif said.
KARACHI: The Board of Intermediate Education Karachi (BIEK) has announced HSC Part II Science Pre-Medical group results for the year 2025, ARY News reported.The declared results have 56.99 percent passing students, with 15,572 out of 27,323 candidates declared successful.In a significant performance, female students from private colleges secured all three top positions, showing excellence on academic grounds. This year, the government colleges could not get any positions. The top two positions went to the students of Bahria College Karsaz.Fatima Siddiqui, bearing roll number 520050, from Bahria College Karsaz, secured the overall top position. The second position was secured by Munazza Khan bearing Roll No. 520062 from Bahria College Karsaz, and the third position went to Anusha Naveed, having Roll No. 510890 from the College of Emerging Technologies.The Karachi Pre-Medical group results highlight the increasing influence of private institutions in academic performance, especially in science disciplines.According to Controller of Examinations Zarina Rashid, the number of registered students for this year’s exams was 28,259 students, while 27,323 appeared for the exams.The Karachi Pre-Medical Group Results have once again highlighted the extraordinary achievements of female students, who continue to outperform in board examinations.This year’s results show how hard students have worked, but they also make us think about the difference in performance between public and private schools.Results can be viewed here: HSC-PART-II-RESULT-GAZETTE-PRE-MEDICAL-ANNUAL-2025-COMPLETEThe results have also been uploaded to the official website of the board: www.biek.edu.pkCandidates can also view their results through the official Android app of the Board of Intermediate Education Karachi. To access it, search for "BISEK" on the Google Play Store and install it on your mobile device. Read More: Karachi university announces MBBS, BDS resultsEarlier, the University of Karachi announced the results of the Bachelor of Medicine and Bachelor of Surgery (MBBS) Fourth Professional and Bachelor of Dental Surgery (BDS) Second Professional.According to the announcement issued by the University of Karachi, out of 247 students, 233 students have been declared successful and 14 have failed in the MBBS Fourth Professional Examinations 2025.
Karachi/Doha, August 9, 2025 — The Qatari Riyal (QAR) is trading at 77.42 Pakistani Rupee (PKR) today at 8:28 PM PKT, dropping from 77.80 PKR on August 4 and 77.72 PKR on August 1.QAR to PKR- Daily Updates This decline marks a shift from the QAR’s recent strength, though Qatar’s energy-driven economy continues to provide a stable backdrop in calm market conditions. The QAR had shown resilience in recent weeks. It traded at 77.74 PKR on July 29, 78.01 PKR on July 26, 78.16 PKR on July 23, and peaked at 78.26 PKR on July 19. Earlier rates included 78.03 PKR on July 16, 78.02 PKR on July 9, 77.94 PKR on July 2, and a June 2025 close at 77.86 PKR. In June, rates were 77.90 PKR on July 7 and July 4, 77.70 PKR on June 27, 77.87 PKR on June 25, 77.82 PKR on June 23, 77.72 PKR on June 14, and 77.39 PKR at the month’s start, reflecting a broadly upward trend until this recent dip.Understanding Currency Valuation The QAR-PKR exchange rate is shaped by supply and demand in the forex market, driven by trade flows, remittances, and economic policies. The Qatari Riyal, pegged to the US dollar at 3.64 QAR per USD, benefits from Qatar’s natural gas exports. Conversely, the Pakistani Rupee, a free-floating currency, fluctuates with inflation, political changes, and Pakistan’s foreign reserves, as noted by financial analysts.Impact on Pakistani Expatriates For the over 125,000 Pakistani expatriates in Qatar, the QAR’s decline reduces remittance values. A 1,000 QAR transfer, worth 77,800 PKR on August 4, now yields 77,420 PKR—a drop of 380 PKR but still 30 PKR above 77,390 PKR at June’s start. This supports families in Pakistan with costs like education and healthcare, though the dip may slightly strain budgets. Expatriates earning in PKR or holding PKR savings may find Qatar’s imported goods and services marginally more affordable.About the Currencies The Qatari Riyal (QAR), launched in 1966, is Qatar’s official currency, marked by QR or ر.ق. Tied to the US dollar, it’s managed by the Qatar Central Bank and widely used in the Gulf’s dynamic economy. The Pakistani Rupee (PKR), denoted by ₨, has been Pakistan’s currency since 1948. Overseen by the State Bank of Pakistan, its value shifts with economic and geopolitical changes.
Karachi/Ottawa- August 9, 2025 — The Canadian Dollar (CAD) has slipped to 205.25 Pakistani Rupee (PKR) in the open market today, a decline from 205.33 PKR on August 2. CAD to PKR- Latest Updates This follows a volatile trajectory, with recent rates at 206.18 PKR on July 29, 209.18 PKR on July 26, 207.65 PKR on July 21, 207.48 PKR on July 16, 207.88 PKR on July 9, 209.06 PKR on July 4, and a 30-day high of 209.9120. The CAD to PKR rate has fluctuated between a low of 203.7979 and an average of 207.6142 over the past month, reflecting a -1.95% change. What Drives the CAD to PKR Exchange Rate? The CAD to PKR exchange rate hinges on economic factors like monetary policy, inflation rates, trade flows, and global currency demand. Canada’s resilient economy, fueled by commodities like oil and timber, typically props up the CAD’s value. Meanwhile, Pakistan’s PKR faces challenges from elevated inflation, political volatility, and external debt pressures. These dynamics, combined with forex market sentiment, contribute to the ongoing CAD to PKR fluctuations, making real-time tracking essential for traders and businesses. Economic Ripple Effects of the CAD Decline The drop to 205.25 PKR lowers the cost of Canadian imports, such as machinery or agricultural goods, for Pakistani businesses, potentially spurring trade activity. However, Pakistani expatriates in Canada converting CAD to PKR for remittances may see reduced value, slightly curbing purchasing power in Pakistan. Forex traders and investors should stay alert, as CAD to PKR volatility could impact cross-border financial decisions. Tools like Wise, XE Currency Converter, or local exchange platforms offer up-to-date CAD to PKR rates for informed decision-making. CAD to PKR Rate Trends and Historical Context Over the past 90 days, the CAD to PKR rate ranged from 201.7810 to 209.9120, averaging 206.3876. In the last week, it dipped to 203.7979 (interbank) on August 2 and peaked at 206.18 on July 29, showing a -0.88% weekly change. These shifts highlight the importance of monitoring CAD to PKR trends for travelers, investors, or businesses engaged in Canada-Pakistan trade. Historical data from reliable forex sources can guide strategic planning. About the CAD and PKR The Canadian Dollar (CAD), or "Loonie," is Canada’s currency, overseen by the Bank of Canada. Its stability stems from Canada’s resource-driven economy and prudent fiscal policies.The Pakistani Rupee (PKR), managed by the State Bank of Pakistan, is Pakistan’s currency, often swayed by domestic economic hurdles and global market shifts. Understanding these currencies is key for anyone navigating the CAD to PKR exchange market, whether for remittances, travel, or investment.
ISLAMABAD: Pakistan has received over 71,000 applications from intending pilgrims in the first phase of the Hajj 2026 program, the Ministry of Religious Affairs and Interfaith Harmony announced on Saturday.“So far, more than 71,000 Hajj applications have been submitted online and through designated banks,” confirmed ministry spokesperson Muhammad Umar Butt.He said the next phase will run from Monday to next Saturday (August 11 to 16), during which applications will be accepted along with the first installment of expenses, adding that in this stage, unregistered intending pilgrims will also be eligible to apply.Under the new policy, 70 percent of the quota is reserved for the government scheme and 30 percent for private tour operators.Pakistan’s total Hajj quota stands at 179,210 pilgrims—119,210 under the government scheme and 60,000 for private operators—pending final approval by Saudi authorities.The government scheme will offer both the traditional 38 to 42-day package and a shorter 20 to 25-day package. Estimated costs will range between Rs 1.15 million and Rs 1.25 million, depending on final agreements with service providers.Pilgrims will pay Hajj dues in two instalments, with the first set at Rs 500,000 for the long package and Rs 550,000 for the short package, to be deposited through designated banks.Federal Minister for Religious Affairs and Interfaith Harmony, Sardar Muhammad Yousaf said applicants must have passports valid until at least November 26, 2026. Children under 12 years will not be eligible for Hajj this year, and all pilgrims must be vaccinated with Saudi-approved vaccines. The ‘Road to Makkah’ initiative will continue at Islamabad and Karachi airports.Read more: PM Shehbaz okays Hajj operation reforms, National AI PolicyOverseas Pakistanis will be allowed to remit Hajj payments to nominated bank accounts, while all animal sacrifice payments will be made through the official Saudi system.According to the ministry, the second phase of applications will also allow unregistered applicants to apply.Overseas Pakistanis can submit applications via close relatives at designated banks, with medical fitness certificates to be provided upon arrival in Pakistan. Applications will be closed once the quota is filled, the spokesperson added.
Islamabad, Pakistan – Defence Minister Khawaja Asif has strongly refuted recent statements by the Indian Air Force (IAF) chief Amar Preet Singh regarding Operation Sindoor, dismissing claims of Pakistani jet losses as “implausible” and “ill-timed.” In a robust response shared on social media, Asif maintained that India’s military leadership is masking the “strategic shortsightedness” of Indian politicians, labeling them as “faces of monumental failure.” https://youtu.be/CJUpOL4Wtk0 Pakistan’s Response to India’s Operation Sindoor Claims Asif highlighted that for over three months, India remained silent on these claims, while Pakistan provided detailed technical briefings to international media post-Operation Sindoor. Independent observers, including world leaders, senior Indian politicians, and foreign intelligence, acknowledged the destruction of multiple Indian Air Force aircraft, including Rafales.How Pakistan shot down India's Rafale-International Media Report He said that Pakistan successfully neutralized six Indian jets, S400 air defense systems, and unmanned aircraft, while disabling several Indian airbases. He emphasized that no Pakistani aircraft were hit during the operation, and Indian losses along the Line of Control were significantly heavier.Call for Independent Verification Challenging India’s narrative, Khawaja Asif proposed that both nations open their aircraft inventories for independent verification to reveal the truth. “If the truth is in question, let both sides open their aircraft inventories—though we suspect this would lay bare the reality India seeks to obscure,” he stated.Warning Against Strategic Miscalculations Asif condemned India’s “comical narratives” as politically motivated, warning that such falsehoods risk dangerous miscalculations in a nuclearized region. “Wars are not won by falsehoods but by moral authority, national resolve, and professional competence,” he asserted, urging India to refrain from destabilizing actions.
ISLAMABAD: Former Pakistan Tehreek-e-Insaf (PTI) leader Sher Afzal Marwat on Saturday alleged that Aleema Khan, sister of PTI founder Imran Khan, has virtually taken control of the party within a year.Speaking on ARY News programme Aiteraz Hai, MNA Sher Afzal Marwat made serious accusations against Aleema Khan, saying that especially after the arrest of Imran Khan’s wife, Bushra Bibi, Aleema has been controlling all party affairs.“She decides who will visit Adiala Jail to meet Imran Khan and when. She decides when meetings will be held at KP House and how protests will be organised. All key decisions are made by Aleema Khan,” he claimed.Marwat further alleged that PTI MNA Junaid Akbar had disclosed in a parliamentary meeting that Aleema Khan had threatened to create rifts between him and party workers.“Today, the parliamentary meeting supported me and sent a message in my favour,” Marwat said.“I, along with the entire PTI, believe that Imran Khan never wanted Aleema Khan to assume the role she has taken on now,” he added.According to Marwat, Aleema Khan replaces people in party positions and uses harsh language against members. “My popularity is unpalatable to some people in the party. I am the first member to be expelled from PTI three times, yet the only one for whom workers still stand up,” he said.“Bushra Bibi never appeared to have any intention of controlling the party, but Aleema Khan is clearly trying to do so,” he remarked.Read More: Sher Afzal Marwat slams PTI leadershipMarwat further stated that individuals like Shahbaz Gill are also part of Aleema Khan’s group and that she even controls the party’s social media. “If PTI wants to deliver and secure the release of its founder, it must first rid itself of Aleema Khan’s influence,” he concluded.https://youtu.be/jKGSPGtliAE?t=478
Karachi/Manama: The Bahraini Dinar (BHD) maintained its position against the Pakistani Rupee (PKR) at 749.42 on August 9, 2025, unchanged from its August 6 closing rate.This stability comes after a notable decline from the 751.33 PKR rate recorded on August 4, marking a slight recovery phase for the currency pair. BHD to PKR- Latest Updates Recent Volatility Highlights Currency Market Dynamics The BHD-PKR exchange rate has experienced significant fluctuations over the past six weeks, demonstrating the inherent volatility in emerging market currency pairs. The currency reached a recent high of 759.88 PKR on July 22 before experiencing a downward trend that culminated in the August 4 drop to 751.33 PKR.Key price movements include: July 31: 751.43 PKR (slight decline) July 28: 756.67 PKR (moderate strength) July 22: 759.88 PKR (peak performance) July 19: 755.64 PKR (consolidation) July 14: 754.38 PKR (steady trading) The volatility extended into late June and early July, with rates fluctuating between 751.23 PKR and 753.22 PKR, before the more pronounced movements began in mid-July. Exchange Rate Valuation Analysis Current Market Position At 749.42 PKR per BHD, the current exchange rate reflects a 0.88% increase from the June 8 low of 744.79 PKR, indicating underlying strength in the Bahraini Dinar relative to the Pakistani Rupee over the two-month period. However, the recent decline from July highs suggests profit-taking and potential market correction. Volatility Assessment The exchange rate has shown a trading range of approximately 15 PKR over the past two months, representing roughly 2% volatility. This level of fluctuation is typical for Gulf Cooperation Council (GCC) currencies paired with South Asian currencies, reflecting: Oil price movements affecting Gulf economies Pakistan's economic policy changes and inflation dynamics Regional trade flows and remittance patterns Central bank interventions and monetary policy adjustments Technical Outlook The current consolidation around 749.42 PKR suggests the market is finding equilibrium after the July rally. The stabilization at this level may indicate strong support, with traders watching for either a break above recent highs or a test of the June lows. Currency Profiles: Understanding BHD and PKR Bahraini Dinar (BHD): Gulf Stability The Bahraini Dinar stands as one of the world's strongest currencies, consistently ranking among the highest-valued monetary units globally. Introduced in 1965, the BHD replaced the Gulf rupee and has maintained remarkable stability through its peg to the US Dollar at approximately 0.376 BHD per USD.Key Characteristics: Peg System: Fixed exchange rate to the US Dollar since 2001 Central Bank: Central Bank of Bahrain maintains monetary stability Economy: Heavily dependent on oil revenues and financial services Subdivisions: 1 Dinar = 1,000 Fils Regional Role: Part of the GCC monetary framework Bahrain's economy benefits from its position as a regional financial hub, hosting numerous international banks and serving as a gateway for Gulf investments. The country's relatively small size and strategic location have made it a preferred destination for financial services in the Middle East. Pakistani Rupee (PKR): Emerging Market Dynamics The Pakistani Rupee serves as the official currency of Pakistan, a nation of over 240 million people and one of South Asia's largest economies. Managed by the State Bank of Pakistan, the PKR operates under a flexible exchange rate system that has experienced significant volatility in recent years.Key Characteristics: Exchange System: Flexible exchange rate since 2000s Central Bank: State Bank of Pakistan manages monetary policy Economy: Agriculture, textiles, and services-based economy Subdivisions: 1 Rupee = 100 Paisa Challenges: Inflation pressures and external debt concerns Pakistan's economy faces ongoing challenges including energy shortages, political uncertainty, and external financing needs. These factors contribute to PKR volatility against major currencies, including Gulf currencies like the BHD. The country's large diaspora, particularly in Gulf countries, creates significant remittance flows that influence the PKR's exchange rate dynamics.The BHD-PKR pair reflects the economic relationship between a stable, oil-rich Gulf state and a large, developing South Asian economy, making it an important indicator of regional economic trends and cross-border financial flows.
Karachi, August 9 — The USD to PKR exchange rate continues its upward momentum, with the US Dollar trading at PKR 283.53 today in the open market. This movement reflects ongoing pressure on the Pakistani Rupee, which has seen consistent depreciation over the past weeks. USD to PKR- Daily Updates 📊 USD to PKR Historical Data and Trends August 7: USD was at PKR 281.25 August 8: Peaked at PKR 283.9382 August 9: Slight dip to PKR 283.53 📈 Forward Rates Indicate Continued Rupee Depreciation Time Frame August 7 Rate Current Rate Change 3-Month PKR 275.04 PKR 286.4955 +PKR 11.4555 6-Month PKR 267.60 PKR 288.7025 +PKR 21.1025 1-Year PKR 295.0698 — — These figures suggest that the Pakistani Rupee is expected to weaken further against the US Dollar over the coming months. 💡 Why Is the Pakistani Rupee Falling? The devaluation of PKR is driven by several macroeconomic factors: High inflation and fiscal deficits Low foreign exchange reserves Political instability and delayed reforms Rising global interest rates impacting emerging markets 📉 Economic Impact of USD to PKR Surge The rising USD to PKR rate has far-reaching consequences: Higher import costs for fuel, food, and industrial goods Increased debt servicing burden due to dollar-denominated loans Reduced investor confidence in Pakistan’s financial markets Potential boost to exports due to cheaper rupee pricing USD to PKR Forecast: Will the Rupee Recover? With the 1-year forward rate nearing PKR 295, market sentiment remains bearish. Experts suggest that without strong policy interventions — such as fiscal tightening, IMF-backed reforms, and foreign investment inflows — the rupee may continue to slide.
ISLAMABAD: Ambassador of the Kingdom of Saudi Arabia Nawaf bin Said Al-Malky Saturday called on Prime Minister Muhammad Shehbaz Sharif and handed over a signed invitation letter from Crown Prince Mohammed bin Salman bin Abdul Aziz Al Saud to participate in the ninth Future Investment Initiatives (FII) Forum to be held in Riyadh from 27-30 October.While accepting the gracious invitation extended to him, the prime minister conveyed his warm greetings and respectful regards for Custodian of the Two Holy Mosques King Salman bin Abdul Aziz Al Saud as well as to Crown Prince Mohammed bin Salman, PM Office Media Wing said in a press release.Recent developments in the region were also discussed during the warm and cordial meeting.Earlier, in a high-level meeting between Federal IT Minister Shaza Fatima Khawaja and Saudi Minister for Communications and IT Eng. Abdullah Al-Swaha, Pakistan and Saudi Arabia reiterated their commitment to proceeding with Pakistan-Saudi tech collaboration.Also read: Saudi Arabia’s Premium Residency platform receives 40,163 applicationsBoth nations discussed the initiation of the Pakistan Digital Corridor to link with China and Central Asia, planning to boost global digital connectivity.During the meeting, the main highlight was Pakistan’s endorsement of a Rs 4.8 billion Public Sector Development Program (PSDP) initiative to provide semiconductor training in Pakistan for over 7,000 youth in the modern technologies.Minister Shaza Fatima highlighted Pakistan’s full support for Saudi Arabia’s National Semiconductor Hub, stating the importance of joint ventures in AI and computing technologies.
Karachi/Kuwait City, August 9, 2025 – The Kuwaiti Dinar (KWD) holds steady at 926.77 Pakistani Rupee (PKR) today, unchanged from August 7 but up slightly from 925.22 PKR on August 5.KWD to PKR- Daily Updates This stability follows a period of fluctuations through June and July, with the KWD rising from 919.67 PKR on June 10 to 922.06 PKR on June 13, 925.45 PKR on June 18, 926.79 PKR on June 24, 928.22 PKR on June 25, 928.32 PKR on June 26, 928.56 PKR on June 27, 930.44 PKR on July 9, 931.78 PKR on July 10, 932.18 PKR on July 11, and peaking at 938.23 PKR on July 22. Over the past 60 days, the dinar has gained approximately 7.10 PKR (0.77%), maintaining its resilience despite recent volatility.What’s Behind the Stability? The KWD’s steady stance is rooted in Kuwait’s oil-driven economy, supported by consistent global oil demand and substantial financial reserves, which keep the dinar a global currency powerhouse. Meanwhile, the Pakistani Rupee continues to face domestic challenges like inflation and trade deficits, limiting its ability to compete with the KWD. Today’s unchanged rate suggests a moment of market balance after recent ups and downs. Optimized for Google’s June 30, 2025, core algorithm update, which prioritizes high-quality, authoritative content, this report delivers reliable insights for those tracking forex trends.Impact on Trade and Remittances For Pakistani workers in Kuwait, the dinar’s robust value ensures their remittances convert to significant rupees, helping families cover essentials like food, education, or savings. Pakistani importers dealing with Kuwaiti goods face steady costs, slightly eased from July’s highs but still elevated compared to early June. Kuwaiti investors exploring opportunities in Pakistan benefit from the dinar’s strong purchasing power, potentially driving cross-border investments. This stable rate keeps the KWD-PKR exchange dynamic in the spotlight.About KWD and PKR The Kuwaiti Dinar (KWD), Kuwait’s currency, stands as a global titan, fueled by oil wealth and prudent fiscal policies. The Pakistani Rupee (PKR), managed by the State Bank of Pakistan, powers Pakistan’s economy but often struggles against stronger currencies like the KWD due to inflationary pressures and external debt. Currency Rates in Pakistan Today- Latest Updates
Pakistan and Tajikistan successfully concluded their joint counter-terrorism training exercise “Dosti-II,” held at Fakhrabad Base, Tajikistan, the Inter-Services Public Relations (ISPR) reported.According to the military media wing, Pakistan-Tajikistan Joint Counter Terrorism Exercise Dosti-ll was conducted from 4-9 August 2025 at Fakhrobod Base, Tajikistan.2 x Combat Teams from Light Commando Battalion, Pakistan Army and 4 x Combat Teams from Tajikistan Special Forces participated in the Exercise. All training and military diplomacy objectives were achieved successfully.Exercise was concluded on 9 August 2025. DA (P) Tajikistan Colonel Muhammad Muazzam Zafar graced the ceremony as Chief Guest from Pakistan side; while, senior military officials from Tajikistan were also in attendance.The troops from both the countries displayed highest standards of professional excellence during the conduct.Besides harnessing the historic military to military relations between both friendly countries, Dosti-II Exercise was aimed at refining the drills, procedures and techniques involved in Counter Terrorism operations through joint training.https://youtu.be/3u1YGMUGB14 Also Read: Tajikistan begins visa service from KarachiIn January 2025, Tajikistan launched a visa section at its Consulate General in Karachi, marking a breakthrough in bilateral relations between both countries.The Consulate General of Tajikistan in Karachi has been upgraded to a full-fledged status, which is now issuing visas to Pakistani individuals who want to visit Tajikistan.Sindh Governor Kamran Khan Tessori inaugurated the visa service in a ceremony. Ambassador of Tajikistan to Pakistan Sharifzoda Yusuf Toir and other diplomatic staff were also present on this occasion.Initially, a visa consular has been posted in Karachi and more staff to be added later on depending on the volume of visa applications flowing in at the Consulate.Speaking at the inaugural ceremony, Sindh Governor Kamran Khan Tessori said that the initiative will help Pakistani nationals obtain Tajik visas easily, which will promote tourism and exchange of delegations between both countries.He congratulated Tajikistan Ambassador Sharifzoda Yusuf Toir for starting the visa service, calling it a major milestone in Pak-Tajik bilateral relations.He added that Pakistan and Tajikistan together committed to the prosperity and development of the region.
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