Customs authorities at Karachi’s Jinnah International Airport detained a passenger on Thursday after recovering 70 tolas of gold and USD 14,000 from his luggage and person. Officials said the action was part of an ongoing crackdown against gold and foreign currency smuggling. Read More: Major arms smuggling bid foiled at Torkham border According to initial reports, the […]
foreign currency
SBP releases latest exchange rates for major currencies against PKR
ISLAMABAD: The State Bank of Pakistan (SBP) on Thursday published its latest mark-to-market (M2M) exchange rates for major international currencies against the Pakistani Rupee (PKR), providing guidance for authorized foreign exchange dealers to revalue their books. The US Dollar (USD) traded at 280.8228 PKR in the spot market, with a one-year forward rate of 293.1168 […]
Domestic worker arrested in Karachi for stealing millions in cash, gold and foreign currency
KARACHI – Police arrested a domestic worker accused of stealing millions of rupees worth of valuables, including cash, foreign currency, and gold biscuits, from his employer’s home, Dunya News reported on Thursday. According to Sahil Police, the arrest was made after a woman filed a complaint stating that her domestic help, who had been working […]
Sri Lanka may need more IMF help as blasts threaten tourism
Sri Lanka faces a likely collapse in tourism following Easter Sunday bomb attacks on churches and hotels, which would deal a severe blow to the island’s economy and financial markets, and potentially force it to seek further IMF assistance. The International Monetary Fund extended last month a $1.5 billion loan for an extra year into […]