KARACHI, April 16, 2026 — Pakistan’s foreign exchange reserves declined sharply by $1.37 billion in the week ended April 10, 2026, primarily due to the repayment of a sovereign Eurobond, the State Bank of Pakistan (SBP) said on Thursday.
(more…)Author: Faisal Shahnawaz
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KSE-100 surges for third straight day as peace talk hopes fuel rally
KARACHI, April 16, 2026 — Pakistan’s stock market extended its winning streak on Thursday, with the benchmark KSE-100 index rising for a third consecutive session as investor sentiment strengthened on expectations of renewed US–Iran peace talks.
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BankIslami to issue Rs5 billion Sukuk to strengthen capital base
KARACHI, April 16, 2026 — BankIslami Pakistan Limited has approved the issuance of a Shariah-compliant Sukuk worth up to Rs5 billion, aiming to strengthen its regulatory capital and support future growth, the bank said in a filing with the Pakistan Stock Exchange (PSX) on Thursday.
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Pakistan posts $1.07 billion current account surplus in March 2026
KARACHI, April 16, 2026 — Pakistan recorded a current account surplus of $1.07 billion in March 2026, according to balance of payments data released by the State Bank of Pakistan (SBP) on Thursday, reflecting an improvement from the previous month despite ongoing regional tensions.
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MG Pakistan Expected to Launch New 2026 MG HS Facelift in Pakistan
MG Pakistan is gearing up to shake up the local SUV market once again, with strong indications pointing toward the launch of the 2026 MG HS facelift in Pakistan.
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Bitcoin climbs near $75,000 on optimism over US-Iran peace talks
Bitcoin surged close to the $75,000 level on Wednesday, extending recent gains as investors reacted to renewed optimism over potential peace talks between the United States and Iran, which improved broader risk sentiment across global markets.
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UBL says GCC exposure contained despite Middle East tensions
KARACHI, April 16, 2026 — United Bank Limited (UBL) said on Wednesday that its exposure to the Gulf Cooperation Council (GCC) region remains limited and well-secured, even as geopolitical tensions in the Middle East continue to create uncertainty in global financial markets.
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Babar Azam leads Peshawar Zalmi to dominant win over Quetta Gladiators
KARACHI, April 15, 2026 — A clinical all-round performance, highlighted by a disciplined bowling effort and an unbeaten half-century from captain Babar Azam, powered Peshawar Zalmi to a convincing eight-wicket victory over Quetta Gladiators in the 23rd match of Pakistan Super League (PSL) 11 at Karachi’s National Bank Stadium on Wednesday.
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Pakistan stocks surge as KSE-100 rallies on US-Iran peace optimism
KARACHI, April 15, 2026 — Pakistan’s benchmark KSE-100 index extended its bullish momentum on Wednesday, closing at a record high as investor sentiment strengthened amid optimism over potential peace talks between the United States and Iran.
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Bank deposits in Pakistan hit record Rs37.51 trillion: SBP
KARACHI, April 15, 2026 – Bank deposits in Pakistan surged to an all-time high of Rs37.51 trillion by the end of March 2026, according to data released by the State Bank of Pakistan (SBP) on Wednesday, reflecting continued growth in the country’s banking sector despite monetary easing.
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