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PSX surges 4,000 points in intraday trade as bullish momentum returns
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PSX surges 4,000 points in intraday trade as bullish momentum returns

The Pakistan Stock Exchange (PSX) witnessed a strong bullish session as the benchmark KSE-100 index surged by more than 4,000 points during intraday trading, reflecting renewed investor confidence in the market. At one stage, the index climbed sharply as buying activity dominated key sectors, including banking, cement, and energy stocks. The upward momentum was supported...

Iranian rial rate in Pakistan shows gap between official and open market
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Iranian rial rate in Pakistan shows gap between official and open market

The Iranian rial continues to trade at significantly different rates in Pakistan, with a notable gap between the official benchmark and the open market value as of April 25, 2026. According to available data, the international mid-market rate stands at around 1 Pakistani rupee, equaling approximately 4,700 to 4,730 Iranian rials. However, in Pakistan’s informal...