Category: Money & Banking

Money and banking drive economic activity by facilitating transactions, savings, and investments. Banks manage financial resources, offer credit, and regulate money supply, ensuring stability and growth in Pakistan’s financial sector.

PKR to USD: Rupee Gains 5 Paisas at Interbank Closing

KARACHI, February 26, 2025 – The Pakistani rupee registered a modest gain of 5 paisas against the US dollar on Wednesday, supported by Ramadan-related foreign inflows. This slight appreciation in the rupee’s value was largely driven by increased remittances from overseas Pakistanis.
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February 26, 2025
Trump’s Advisor Attends Key Digital Assets Meeting in Pakistan

ISLAMABAD, February 26, 2025 – An advisor to US President Donald Trump participated in a high-level meeting on digital assets held in Pakistan. The meeting, attended by various international delegates, including President Trump’s advisors for digital assets, underscored the growing global significance of cryptocurrency and blockchain technology.
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February 26, 2025
UBL Engages in Legal Tax Dispute with FBR

Karachi, February 26, 2025 – United Bank Limited (UBL) has disclosed an ongoing legal dispute with the Federal Board of Revenue (FBR) over tax-related matters.
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February 26, 2025
Pakistan Explores Crypto Adoption and Regulatory Frameworks

Islamabad, February 25, 2025 – Pakistan on Tuesday took a significant step towards exploring the adoption of crypto currencies, aligning itself with global best practices to modernize its financial landscape.
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February 25, 2025
Interbank Closing Rates of Rupee to Dollar – February 25, 2025

Karachi, February 25, 2025 – The Pakistani rupee experienced a slight decline against the dollar on Tuesday, closing lower by one paisa due to rising demand for foreign payments.
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February 25, 2025
Pi Coin Poised to Revolutionize Future of Digital Currencies

The cryptocurrency landscape is undergoing a significant transformation as Pi Coin moves toward its highly anticipated open mainnet launch. This major milestone is expected to redefine digital currencies, paving the way for a more inclusive, energy-efficient, and user-friendly approach to crypto adoption.
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February 25, 2025
Pi Network Price Fluctuations and Investor Reactions

The price of Pi Network saw a sharp surge following its much-anticipated mainnet launch on Thursday, only to quickly erase those gains.
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February 24, 2025
Tax Policy Will Not Limit to Mathematical Calculation: Aurangzeb

Karachi, February 24, 2025 – Finance Minister Muhammad Aurangzeb has emphasized that tax policy formulation should not be confined solely to mathematical calculations but must also consider the broader economic value.
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February 24, 2025
Windfall Tax Issue Remains in Lahore High Court: MCB Bank

Karachi, February 24, 2025 – MCB Bank has confirmed that the windfall tax issue remains sub judice before the Lahore High Court, as the bank has successfully secured a stay order.
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February 24, 2025
PKR to USD: Rupee Slides by 11 Paisas in Interbank Market

Karachi, February 24, 2025 – The Pakistani rupee weakened slightly against the US dollar on Monday, closing lower by 11 paisas due to heightened demand for foreign payments.
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February 24, 2025