Beyond Today, Into Tomorrow
Foreign loans additional to IMF’s $1 billion lent to Pakistan under Extended Fund Facility $209.5m received under RSF as first IMF installment. Govt fails to launch any int’l bond during first half of FY 2025-26. Largest portion, $600m received from Saudi Arabia in as oil facility. ISLAMABAD: Pakistan obtained $4.5 billion in foreign loans from multilateral…
ISLAMABAD: Pakistan has signed three financing agreements worth about $603m with the Islamic Development Bank (IsDB) to finance the M-6 Sukkur-Hyderabad Motorway Project, poverty reduction and education projects. The agreements were formalised in Islamabad following high-level talks between Pakistan’s Minister for Economic Affairs, Ahad Khan Cheema, and an IsDB delegation, led by the Vice President…
KARACHI/RIYADH, January 20, 2026: The Saudi Riyal (SAR) softened further to Rs74.57 against the Pakistani Rupee (PKR) in today’s open market, a small decline from Rs74.65 yesterday and still comfortably below the mid-2025 high of Rs76.03 seen in July, currency dealers confirmed. The selling rate settled at Rs75.14. This quiet downward movement, shaped by ongoing…
ISLAMABAD: Federal Minister for National Food Security and Research, Rana Tanveer Hussain, has announced that the Pakistan–China Agri Investment Conference, held on 19 January 2026, has resulted in 79 Memoranda of Understanding (MoUs) between Pakistani and Chinese companies with an approximate investment value of USD 4.5 billion, signaling unprecedented confidence of Chinese investors in Pakistan’s…
BEIJING/SINGAPORE: China has bought about 12 million metric tons of U.S. soybeans, fulfilling a U.S.-stated pledge to purchase that volume by the end of February, three traders told Reuters on Tuesday, after a late-October trade truce spurred buying. As buyers shunned North American supplies amid a trade war, China recorded no imports from the United…
Karachi: Gold prices surged to a new record on Wednesday, January 21, crossing the Rs5 lakh mark for the first time in Pakistan. According to the All Pakistan Sarafa, Gems and Jewellers Association (APSGJA), both gold and silver prices reached historic highs following a sharp rise in the international bullion market. The price of gold…
The Central Directorate of National Savings (CDNS) has announced revised profit rates for Defence Savings Certificates (DSCs), effective from January 2026. Launched in 1966, the Defence Savings Certificates scheme is designed to help Pakistani citizens, both domestically and overseas, grow their savings over time. The certificates are available in a range of denominations to suit…
Pakistan and the Islamic Development Bank (IsDB) signed three loan agreements worth a total of $603 million on Tuesday. The agreements were signed by the Vice President of the Islamic Development Bank and the Secretary of the Economic Affairs Division, in the presence of Federal Minister for Economic Affairs Ahsan Khan Cheema, Federal Minister Syed…
KARACHI: The Saudi Riyal (SAR) drifted lower to Rs74.65 against the Pakistani Rupee (PKR) in today’s open market, a small decline from Rs74.66 yesterday and still comfortably below the mid-2025 high of Rs76.03 recorded in July, currency dealers confirmed. The selling rate settled at Rs75.22. This quiet downward movement, shaped by ongoing market recalibrations and…
Gold prices in Pakistan on Monday, January 19, 2026, recorded a surge of Rs7,500 per tola, according to the All Pakistan Sarafa, Gems and Jewellers Association (APSGJA). The price of per tola gold reached Rs489,362, while the price of 10 grams of 24-karat gold hit Rs419,549 after increase of Rs6,431. In the international market, gold…
