Web Desk Lahore, Author at Pakistan Observer

State Bank of Pakistan likely to jack up interest rate to 24pc in upcoming MPC meeting

KARACHI – State Bank of Pakistan is likely to increase interest rates further to 24 percent in its upcoming policy review meeting this month. Inflation…

Pakistan to increase petrol, and diesel prices again from September 16

ISLAMABAD – Pakistanis are likely to be hit by another round of petroleum price hikes for the last 15 days of September as the government…

Honda CD 70 installments plan September 2023

Atlas Honda rolled out 2024 model of its most selling unit Honda CD 70, with a new color option but with same design, and buyers…

Saudi Riyal to Pakistani Rupee – SAR to PKR price on September 7, 2023

KARACHI – Saudi Riyal rate in Pakistan stands at Rs81.30, data shared by the State Bank of Pakistan (SBP) shows Thursday. SAR to PKR Rate…

Gold price in Pakistan falls massively as rupee makes gains

LAHORE – Gold prices in Pakistan dropped by Rs5,800 per tola on Thursday, following the recovery of the Pakistani Rupee against the US dollar. Surprisingly,…

Pakistani rupee makes single day recovery of 2.04 against US dollar in open market

KARACHI – Pakistani currency continues recovery in both interbank and open bank markets as authorities launched a massive crackdown on the currency hoarders and smugglers.…

Rs5,000 banknotes to be discontinued in Pakistan amid govt’s new policy change?

ISLAMABAD – The Federal Ministry of Finance has responded to a notification circulating on social media about the discontinuation of a Rs5,000 banknote. The clarification…

Asia Cup 2023: Sri Lanka reach Super Four stage after Afghanistan scare

LAHORE – Sri Lanka beat Afghanistan by two runs in a thriller to reach the Super Four stage of Asia Cup 2023 at Gaddafi Stadium,…

Road Prince 70 bike latest Price September 2023

As Honda, and other leading brands took lead in local bike market, Chinese automakers including Road Prince continue to rake in sales. Road Prince offers…