A trader counts U.S. dollar banknotes at a currency exchange booth in Peshawar, Pakistan January 25, 2023. — ReutersOn IMF staff-level deal, June 2026 forex reserve target dropped to $17.5bn.External financing gap estimated at $460m, per top official sources.$3.7bn deposits from UAE,…
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Russia ready to supply discounted oil to Pakistan, says envoy

Russian Ambassador to Pakistan Albert Khorev. — Russian embassy to Pakistan website/FileNo request received from Islamabad yet: envoy.Says Iran’s response directed at US military in Gulf.Russian envoy criticises US, Israel over Iran crisis.
ISLAMABAD: Russia’s…
Pakistan receives first-ever shipment of US crude oil following trade deal

A cargo ship carrying crude oil can be seen at the Karachi Port Trust in this photograph taken on June 11, 2023. — AFP
Vessel carrying one million barrels of WTI crude reaches Hub.This is largest crude oil vessel ever received by Pakistani port.Second cargo is expected to…
Eid ul Adha: SBP launches ‘Go Cashless’ campaign for cattle markets

A vendor selling sacrificial animal at a cattle market in Karachi ahead of Eid ul Adha. — INP/File
The State Bank of Pakistan has launched a nationwide “Go Cashless” campaign for Eid ul Adha 2026 to promote secure, convenient, and cashless transactions in cattle markets…




