On July 11, 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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Hesson Plans Babar, Shaheen Comeback for T20 World Cup
Pakistan’s newly appointed white-ball coach Mike Hesson has laid out a detailed plan for the reintegration of Babar Azam and Shaheen Shah Afridi into the national T20I setup.
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Epic Clashes Await in Wimbledon Semi-Finals Showdown
Day 12 at Wimbledon is set to deliver high drama and compelling action as four elite players battle for a place in the men’s singles final. The iconic grass courts will witness both a generational duel and a contest of raw power versus tactical brilliance, offering tennis fans a thrilling spectacle.
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Paredes Returns to Boca Juniors, Sets Sights on Major Titles
Leandro Paredes, one of Argentina’s 2022 FIFA World Cup champions, has officially returned to Boca Juniors, the club where he began his professional career.
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Pakistan, Russia ink landmark deal for revival of PSM
Islamabad, July 11, 2025 – In a major step towards reviving the country’s industrial strength, Pakistan and Russia have officially signed a protocol to restore and modernize the long-dormant Pakistan Steel Mills (PSM).
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PM Shehbaz orders modernization of outdated governance system
Islamabad, July 11, 2025 – Prime Minister Shehbaz Sharif on Friday reiterated his government’s commitment to overhauling Pakistan’s outdated governance system, emphasizing the urgent need to adopt a modern, efficient, and technology-driven framework to meet present-day challenges.
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How new tax changes impact FBR property valuations in Karachi
Karachi, July 11, 2025 — The Federal Board of Revenue (FBR) has once again brought Karachi’s real estate sector into the spotlight with significant tax changes introduced through the Finance Act, 2025, which directly impact the official property valuations used to calculate taxes on real estate transactions.
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PMD predicts intensification of monsoon spell from July 13
Islamabad, July 11, 2025 — The ongoing monsoon spell across Pakistan is expected to intensify significantly from July 13, according to the Pakistan Meteorological Department (PMD).
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Court halts FBR’s move in tax integration dispute
Karachi, July 10, 2025 — In a significant development, the Peshawar High Court (PHC) has granted interim relief to five oil and ghee manufacturers by issuing a stay order against the Federal Board of Revenue (FBR) in an ongoing dispute regarding mandatory tax integration.
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