On May 7, 2025, the State Bank of Pakistan (SBP) announced the official foreign exchange rates for customers. These rates, based on the weighted averages of commercial banks, act as a key reference for cross-border transactions, facilitating international trade and commerce.
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Businesses remain sluggish despite sharp rate cuts: ICMAP report
Karachi, May 7, 2025 — A new report by the Institute of Cost and Management Accountants of Pakistan (ICMAP) reveals that business activity in Pakistan remains subdued, despite significant reductions in the State Bank of Pakistan’s (SBP) benchmark interest rate.
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PSL 10 to proceed as scheduled amid rising Indo-Pak tensions
Lahore, May 7, 2025 — The Pakistan Cricket Board (PCB) has confirmed that Season 10 of the HBL Pakistan Super League (PSL) will go ahead as scheduled, despite heightened tensions between Pakistan and India following an attack attributed to India late last night.
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PSX investors rattled by escalating Pak-India tensions
Karachi, May 7, 2025 – Investors at the Pakistan Stock Exchange (PSX) are facing heightened anxiety and uncertainty following a sudden and severe deterioration in regional security after India launched an attack in Azad Jammu and Kashmir late Tuesday night.
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British Council confirms Cambridge exams to proceed as scheduled
Karachi, May 7, 2025 – Amid heightened tensions following the recent conflict between Pakistan and India, the British Council Pakistan has reassured students and schools that all Cambridge examinations will continue according to the previously announced schedule.
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Ben Affleck breaks silence on Britney Spears’ past claim
Ben Affleck has made a rare and thoughtful comment about pop icon Britney Spears, responding indirectly to her previous claim that the two once shared a romantic moment.
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Thundershower expected in Islamabad on May 8, 2025
Islamabad, May 7, 2025 – The Pakistan Meteorological Department (PMD) has forecast a thundershower for the federal capital on Thursday, May 8, 2025.
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Zendaya, Anna Sawai dazzle with coordinated style at Met Gala
Zendaya and Anna Sawai turned heads and dominated the 2025 Met Gala conversation with their impeccably coordinated, fashion-forward ensembles.
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