Browse older Business stories through permanent, crawlable archive pages.
The rupee ended stronger again, extending its long winning streak against the US dollar and posting gains versus several major currencies. The move signals continued market confidence despite regional energy and trade uncertainties.
Oil remained near the $100 mark as the Iran conflict deepened and uncertainty persisted around Hormuz shipping. The price pressure is especially relevant for import-dependent economies like Pakistan.
Prime Minister Shehbaz Sharif has ordered a formal plan to export surplus food items to Gulf countries while safeguarding local supplies. The government says Pakistan has adequate stocks and wants to turn regional disruptions into a controlled export opportunity.
The government has reviewed national fuel reserves and import planning as regional tensions keep oil markets unsettled. Officials say stocks remain adequate and that scenario planning is being used to protect supply continuity and economic stability.
The government has sharply increased kerosene prices by Rs. 39.20 per litre, pushing the new rate to Rs. 358.01. The decision was announced while petrol and diesel were kept unchanged despite global oil market pressure.
Islamabad has kept the petrol and diesel levy unchanged and approved a Rs23 billion subsidy to stabilise fuel prices. The decision is meant to ease consumer pressure while the government manages revenue targets and rising energy market uncertainty.
Pakistan’s petroleum monitoring committee says fuel stocks are satisfactory and the petrol and diesel supply chain is functioning normally. Officials also reviewed refinery operations and broader energy market risks.
Pakistan's aviation regulator has ordered airlines to leave with minimum required fuel because of supply-chain strain linked to regional conflict. It also announced temporary airspace and airport restrictions affecting Lahore and Islamabad operations.
Fresh currency notes are again being sold in markets at premiums ahead of Eid-ul-Fitr, with multiple denominations trading above face value. The seasonal demand reflects the continued popularity of crisp notes for festive gifting and holiday customs.
Pakistanis working in the Gulf are increasingly exposed to the fallout of the Middle East war, with multiple deaths reported. The crisis also threatens remittance flows and adds fresh economic pressure on families in Pakistan.
Pakistan has announced its latest petrol price decision, keeping petrol rates unchanged despite global market pressure. The move is being presented as public relief amid economic strain and regional uncertainty.
Pakistan has launched a new feeder shipping service from Karachi to the UAE to improve maritime connectivity and trade access. Officials say the route will support supply-chain continuity and provide exporters and importers with more reliable links to global shipping networks.
