Author: zerfeshan arshad

The Pakistani rupee has appreciated against the US dollar for an amazing 21 straight days, a rare financial achievement. This accomplishment is noteworthy and has attracted interest from a number of sources. Let’s examine this incredible streak’s specifics and ramifications. In the interbank market, the Pakistani rupee opened trading at 289 to start its winning run. Its intensity grew more apparent during the day, peaking at 280.725. This increase versus the US dollar represented a gain of almost Rs 9. The interbank rate later in the day, between 1:30 PM and 2:30 PM, marginally dropped to the 283 level before…

The Federal Board of Revenue (FBR) has recently made significant modifications to the powers of adjudication collectorates. This action is intended to streamline and enhance the adjudication procedure within the customs authorities. Empowering the Collector Collectorate of Customs (Adjudication), Karachi-I is a significant transformation. This collectorate will now have the authority to adjudicate cases that previously fell under the purview of the Collectorate of Customs Enforcement (Ports) at the Custom House in Karachi. This decision is anticipated to increase efficiency and decrease bottlenecks in the Karachi adjudication process. The empowerment of the Collector Collectorate of Customs (Adjudication), Quetta, is an…

In a deeply distressing incident, a horrifying video has captured the tragic moment when New York activist and poet Ryan Carson lost his life after being stabbed in front of his girlfriend in Brooklyn. This shocking event unfolded on a Monday, leaving the community in shock and grief. The Disturbing Event The dreadful incident occurred in the Crown Heights neighborhood of Brooklyn at around 4 a.m. According to CBS News, Ryan Carson, a 32-year-old activist, was standing on the street with his girlfriend when he was fatally stabbed. The chilling incident was caught on CCTV cameras, shedding light on the…

In an unexpected turn of events, gold prices in Pakistan have significantly decreased. This decline is occurring at a time when the international gold market is rising. According to data provided by the All-Pakistan Sarafa Gems and Jewellers Association (APSGJA), the price of 24-carat gold has dropped by an astounding Rs 9,450. Consequently, the price of 24-karat gold has increased to Rs191,650. The price of 10 grams of gold has decreased by over Rs8,000, concluding at Rs164,310 at market close. The abrupt and significant decline in gold prices over the past two days can be attributed to the correction in…

Yamaha, the renowned name in the world of motorcycles, introduced the YBR 125 back in 2015, and this commuter bike continues to dominate the streets of Pakistan despite facing fierce competition in the local two-wheeler market. With a significant market share, Yamaha has managed to maintain its position as a popular choice among riders. Yamaha has a reputation for offering bikes known for their stylish designs, exceptional performance, and good resale value. Even in the face of intense competition, the company has consistently adjusted its prices to match the market demands. Yamaha YBR125 latest price in Pakistan Let’s take a…

In an unexpected change of events, the Pakistani rupee has gained 20 straight days versus the US Dollar. The rupee opened at 288 in the interbank market, starting its bullish trend. The rupee rose to 281 against the dollar at 11:30 PM, a gain of Rs. 8. Later in the day, the interbank rate eased, holding at 285 between 1:30 PM and 2:30 PM before ending at 284 for the day. The PKR has gained Rs. 22.37 versus the US Dollar in 17 trading sessions. Many currency exchange counters quoted open market rates between 281 and 285. Since September 4,…

In Pakistan, the Federal Board of Revenue (FBR) imposes a 20% customs duty on “washing preparation” products imported in mass packaging. Imagine you are traveling to a foreign country with a suitcase full of interesting items. When you arrive at the airport of that country, the authorities may charge you a fee for carrying these items. This charge resembles a “customs duty.” It is a method for the government to generate revenue when goods are imported into the country. The term “washing preparation” refers to a cleansing product. It could be the detergent you use for your clothing, utensils, or…

The Nokia XR21 5G Mobile Phone is equipped with an IPS LCD display measuring 6.49 inches and boasting a screen resolution of 1080 x 2400 pixels. It also operates on the Android 13 operating system. Octa-core processors and Qualcomm chipsets provide the power behind the smartphone’s operation. It features an internal storage capacity of 128 GB and 6 GB of RAM. The Nokia XR21 5G utilizes Android 13 and is powered by a Li-Po battery with a capacity of 4800 mAh that is not removable. Nokia XR21 Price in Pakistan Nokia XR21 Price in Pakistan is Rs 127,800/. Full Specifications…

On Tuesday, gold prices in Pakistan reached their lowest point in a month, settling at around Rs2 lakh on the local market. According to information provided by the All Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of 24-karat gold decreased by Rs1,400 per tola to Rs201,100. Similarly, the price of 10-gram gold decreased significantly by Rs1,190 and is now valued at Rs172,410. It is important to note that while gold prices increased last week, they have decreased in recent days. Tuesday saw a $0.70 decline in the price of gold on the international market, to $1,825 an ounce.…

In the interbank market, the Pakistani rupee extended its current advances against the US dollar for the 19th day. Opening at 289 versus the US dollar, the rupee exhibited exceptional strength. By 11:30 AM, the rupee had risen to 283, up Rs. 6 versus the dollar. The interbank rate reached 286 between 1:30 PM and 2:30 PM, then stayed at 285 for the remainder of the day. In 16 sessions, the Pakistani rupee has gained Rs. 21.33 versus the US dollar. Open market rates at currency exchange counters varied from 282 to 286 on this day. Since September 4, the…