Gold holds steady at record Rs291,800, rupee stays stable

Increases by Rs3,100 to Rs291,800/tola; forex drops by $76m on debt repayment; rupee dips slightly to 278.97/$

Overcollection in FY25 anticipated as CPPs rate rises to Rs3,500/MMBtu under IMF mandate

Rupee loses 10 paisa, stands at 278.93/$; Chinese open-source AI disrupts dollar

SBP cuts key policy rate by 100bps

SBP reduces rate by 100 bps to 12% amid C/A surplus, increase in revenue

Reflects cash dependency while gold prices hit record highs and rupee loses 3 paisa hitting 278.75/$

With 2-week decline, FX stand at $16.19b; rupee rises by 13 paisa to 278.72/$ while gold sees Rs750 correction

Hit Rs4,250 reaching Rs287,450/tola; rupee loses 3 paisa depreciates to 278.85/$

Currency sees relatively steep depreciation in recent weeks; gold hikes Rs300 to Rs283,200 per tola