Karachi, April 17, 2025 — The Pakistani rupee lost some ground against the US dollar on Thursday, depreciating by 16 paisas in the interbank market, even as several key economic indicators pointed towards an improving macroeconomic outlook.
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SBP Releases Foreign Currency Rates for April 17, 2025
On April 17, 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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PSX Surges 881 Points on Historic Current Account Surplus
Karachi, April 17, 2025 — The Pakistan Stock Exchange (PSX) recorded a strong rally on Thursday, gaining 881 points as investor sentiment soared following news of a historic current account surplus, signaling improved macroeconomic stability.
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Gold Soars to Rs350,000 per Tola, Setting New Record in Pakistan
Karachi, April 17, 2025 — In a dramatic surge reflecting global economic uncertainty, gold prices in Pakistan hit an all-time high on Thursday, climbing to Rs350,000 per tola, marking the highest-ever level recorded in the country’s bullion markets.
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Pakistan Breaks Record with March Current Account Surplus
Karachi, April 17, 2025 — In a significant boost to its economic outlook, Pakistan recorded its highest-ever monthly current account surplus in March 2025, signaling improved external sector stability.
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FBR Introduces Stricter Parameters for Sales Tax Suspension
Islamabad, April 17, 2025: The Federal Board of Revenue (FBR) has introduced fresh and more stringent guidelines for the suspension of sales tax registration under new Statutory Regulatory Order (SRO) 608(I)/2025, issued on Thursday.
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ICMAP Proposes 3.5% Tax on Social Media Platform Earnings
Karachi, April 17, 2025: The Institute of Cost and Management Accountants of Pakistan (ICMAP) has proposed the introduction of a 3.5% tax on earnings generated from social media platforms, as part of its comprehensive tax proposals for the federal budget 2025–26.
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FBR Grants Rs81 Billion Sales Tax Exemption to Poultry Feed
Karachi, April 17, 2025:: The Federal Board of Revenue (FBR) has announced a massive sales tax exemption worth Rs81 billion for the local supply of poultry feed.
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Port Qasim Shipping Operations – April 17, 2025
Karachi, April 17, 2025: Port Qasim, one of Pakistan’s busiest and most strategic seaports, reported smooth and consistent shipping operations over the last 24 hours, as per the latest update issued by the Port Qasim Authority (PQA) on Thursday morning.
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Islamabad Weather Shifts, Temperatures Set to Decline
Islamabad, April 17, 2025: After enduring several days of intense heat, residents of Islamabad can finally expect a much-needed break from the hot weather, as temperatures are projected to gradually decline over the next few days. This change in weather will bring a noticeable shift in daily conditions, providing some relief to those struggling with the recent heatwave.
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