October 2023: Saudi Arabia new passport fee update
People can now apply for a new passport and request delivery via Saudi Post through the General Directorate of Passports (Absher) portal
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Money
Weekly inflation hits all time high, stands at 38.28%
Weekly SPI is based on 2015-16 index with 17 urban centers, 51 essential items for all expenditure groups
Global petroleum prices plummet; Pakistan may follow suit
OGRA prepares for decision on October 15
Crude oil prices experience moderate increase
There may be potential decrease of Rs38 in petrol, Rs18 in diesel prices in Pakistan
KSE-100 index crosses 49000 mark in intraday trading for first time since 2017
Pakistan's Rupee continues 30-day winning streak against US Dollar
Pakistan's Rupee continues 30-day winning streak against US Dollar
KSE-100 index continued its positive trend on the 10th consecutive day
Gold prices in Pakistan show significant decline
All Pakistan Jewelers Association has continued updating gold rates regularly
SBP reserves falls on second consecutive week
Overall foreign exchange reserves for Pakistan stands at $13.03 billion
Gold prices in Jordan witness slight increase
Gold rates in Jordan climb by JD 0.3 in selling and buying
Pak Suzuki considers delisting from PSX as majority shareholder eyes buyout
The announcement had an immediate impact on the company's share price
Govt stops pensions of hundreds of retired employees
Govt resorts to no docs, no dough policy
SNGPL denies issuing schedule for gas supply in winter
Spokesman calls reports circulating in electronic, social media baseless
Gold rates in UAE on October 12
Gold is a precious metal that has been valued for centuries
PKR closing exchange rate today against USD, EUR, GBP, AED, SAR, AUD
To check exchange rate for a particular foreign currency, look for "Ready" section in the chart provided
Pakistan’s fiscal deficit to be Rs1,137bn more than target: IMF
Fund says country’s expenditures likely to be almost double its gross income
Remit now: Pakistani Rupee thrashes Saudi Riyal
top OPEC producer Saudi Arabia pledged to help stabilise the global oil market
UAE Dirham sees slight decrease in value against Pakistani Rupee
Buying, selling rates may differ when considering currency exchange or open market rates
Pakistani rupee continues to strengthen against US dollar
Day opens with American currency further shedding 91 paisas to settle at Rs278.60.
Gold prices in Pakistan see dramatic decline
Gold prices in Pakistan are exhibiting noteworthy fluctuations in response to global market trends.
PSO suspends fuel supply to PIA only over non-payment
Passengers advised to check the status of their flights before travel
Imported cosmetics in Pakistan to see massive price hike
Decision stems from a need to realign the values with current international market trends
Pakistan's car sales get a MoM boost, yet suffer 26% year-on-year slide
Positive momentum in car sales in September is reminiscent of the preceding month
Gold prices in Pakistan see massive increase
Gold price hike in Pakistan linked to the turmoil in the Middle East
October 2023 update: Prize bond draw schedule
Investing in prize bonds proves to be a safe bet for 2023
129% hike in gas tariffs for domestic consumers on the cards
Proposed changes are likely to put a significant financial burden on vulnerable domestic consumers
FINANCE
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European companies cut jobs over poor economy
Elevated inflation, war in Ukraine have forced companies across Europe to freeze hiring or cut jobs
Gold prices dip as dollar gains ahead of US inflation data
Dollar index was up 0.1%, diminishing gold's attractiveness for foreign currency holders
Pending IMF loan delays external funding for Pakistan
Economic Affairs Division says Pakistan received only $436.3 million in external financial assistance in July
Australia limits admissions to foreign student
Minister says there are 10% more international students in universities than before Covid-19 pandemic
Pakistan's loan from IMF not on schedule again till Sept 4
Govt actively working to secure rollover of $12 billion in debt from China, Saudi Arabia, UAE
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Israel-US strikes against Iran: Over 200 killed, 747 injured, senior leaders targeted
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Pakistani killed in Iran attack on Abu Dhabi; UAE offers condolences
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Iran’s defence minister, top commanders killed? Conflicting reports
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Pakistan condemns attacks on Iran and Gulf States, urges diplomacy
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Mohammad Hafeez calls for reforms after Pakistan’s T20 World Cup debacle
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12 injured in Kuwait amid Iranian attacks
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Petrol price raised by Rs8 per litre for next fortnight
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Iran’s supreme leader Ayatollah Khamenei safe, says foreign ministry
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PM directs MoFA to ensure safe repatriation of Pakistanis present in Iran
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Iran retaliates, launches ballistic missiles on Israel
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