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COVID-19 pandemic: SBP allows importers to advance payment, open account without limit

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ISLAMABAD, Mar 25 (APP):State Bank of Pakistan (SBP) on Wednesday allowed importer to advance payment and open account without any limit for the import 0f medical equipments, medicines and other ancillary items for the treatment of COVID-19.

According to a press release issued here, all federal and provincial government departments, hospitals in public and private sectors, charitable organizations, manufacturers and commercial importers can make Advance Payment and Import on Open Account, without any limit.

Further, the banks have been allowed to approve Electronic Import Form (EIF) for import of the equipments, donated by international donor agencies and foreign governments to facilitate their seamless and speedy imports.

The numbers of COVID-19 cases in Pakistan were increasing.

An effective strategy to fight against the menace of COVID-19 requires timely availability of needed equipments.

In the backdrop of unprecedented spread of the deadly virus, SBP has taken these measures to facilitate the import of much needed equipment in a seamless manner.

SBP has also accordingly revised its existing foreign exchange regulations for import of goods against Advance Payment and Open Account.

State Bank as a responsible state institution would continue to provide its needed support in nation’s drive to fight against the menace of COVID-19.

Business

TECNO announces up to 14pc discount on CAMON 50 series

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LAHORE: TECNO has announced a limited-time Brand Day campaign on Daraz, offering discounts of up to 14 per cent on selected smartphones, including its flagship-inspired CAMON 50 Series.

The campaign is available exclusively through TECNO’s official store on Daraz and aims to provide customers with authentic smartphones at reduced prices while offering secure online shopping, official warranty coverage and nationwide delivery. The CAMON 50 Series is the centrepiece of the promotion, targeting consumers looking for premium smartphone features at a more affordable price.

Read more: Today’s currency exchange rates in Pakistan – July 15, 2026

Notable features of TECNO CAMON 50 Pro

Among the featured devices, the TECNO CAMON 50 Pro comes with a curved AMOLED display, a slim design and a 50-megapixel Sony camera sensor. The smartphone also includes artificial intelligence-powered photography tools, Super Zoom and intelligent image enhancement features designed to improve portraits, landscape photography and low-light images.

TECNO said the CAMON 50 Series combines AI-powered imaging with practical tools for content creation, allowing users to produce enhanced photos and videos with minimal effort. The company added that purchases made through its official
Daraz store include genuine products backed by official warranty and after-sales services.

Read more: Aitchison-Level Schools coming to Punjab under new plan

How you can take advantage of Brand Day campaign

The Brand Day campaign offers discounts of up to 14pc for a limited time, encouraging customers planning to upgrade their smartphones to take advantage of the promotion before it ends. The offer covers the CAMON 50 Series as well as other selected TECNO smartphones available through the company’s official Daraz storefront.

Category Details
Campaign TECNO Brand Day
Platform Daraz Pakistan
Discount Up to 14% Off
Main Series TECNO CAMON 50 Series
Featured Model TECNO CAMON 50 Pro
Display Premium Curved AMOLED
Camera 50MP Sony Imaging Sensor
AI Features AI Photography, Super Zoom, Intelligent Image Enhancement
Shopping Benefits Official Warranty, Genuine Products, Nationwide Delivery
Availability Limited-Time Offer

Key points:

  • TECNO has launched a limited-time Brand Day campaign on Daraz.
  • Customers can receive up to 14pc discounts on selected TECNO smartphones.
  • The CAMON 50 Series is the flagship highlight of the promotion.
  • The CAMON 50 Pro features a curved AMOLED display and a 50MP Sony camera sensor with AI photography.
  • The offer is available exclusively through TECNO’s official Daraz store.
  • Buyers will receive genuine devices backed by an official warranty and after-sales support.
  • The promotion is available for a limited period.

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Gold

Today’s gold rates in Pakistan – July 15, 2026

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KARACHI – On July 15, 2026, gold prices in Pakistan increased, following the upward trend in international markets.

According to the Saraffa Association, the price of 24-karat gold per tola increased to Rs 428,000 after a rise of Rs 1000, while the rate for 10 grams was Rs 366,090.

Today’s Gold and Silver Rates in Major Cities
City Gold Rate Silver Rate
Karachi PKR 428,000 PKR 3,830
Lahore PKR 428,050 PKR 3,830
Islamabad PKR 428,100 PKR 3,830
Peshawar PKR 428,150 PKR 3,830
Quetta PKR 428,200 PKR 3,830
Sialkot PKR 428,000 PKR 3,830
Hyderabad PKR 428,000 PKR 3,830
Faisalabad PKR 428,000 PKR 3,830
Multan PKR 428,000 PKR 3,830

Note: It is pertinent to mention here that Upfront News in no way claims these rates to be accurate at all times, as the prices can continuously vary.

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Forex

Today’s currency exchange rates in Pakistan – July 15, 2026

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KARACHI – Foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, Euro, and other currencies in Pakistan open market on July 15, 2026. The US Dollar’s buying rate stands at Rs 279, and the selling rate at Rs 279.05.

Several other currencies, which include the Australian Dollar (AUD), Canadian Dollar (CAD), Chinese Yuan (CNY), Danish Krone (DKK), Japanese Yen (JPY), Kuwaiti Dinar (KWD), Malaysian Ringgit (MYR), New Zealand Dollar (NZD), and Swiss Franc (CHF), showed no significant change in their rates compared to the previous update.

Currency Symbol Buying Selling Charts
🇦🇺 Australian Dollar AUD 193.33 196.25 📊
🇧🇭 Bahrain Dinar BHD 740.56 750.85 📊
🇨🇦 Canadian Dollar CAD 197.33 201.45 📊
🇨🇳 China Yuan CNY 38 38.75 📊
🇩🇰 Danish Krone DKK 42.56 43.25 📊
🇪🇺 Euro EUR 319.1 323.2 📊
🇭🇰 Hong Kong Dollar HKD 35.22 36.23 📊
🇮🇳 Indian Rupee INR 2.8 3.15 📊
🇯🇵 Japanese Yen JPY 1.71 1.81 📊
🇰🇼 Kuwaiti Dinar KWD 889.48 899.95 📊
🇲🇾 Malaysian Ringgit MYR 67.15 67.95 📊
🇳🇿 NewZealand $ NZD 159 160.75 📊
🇳🇴 Norwegians Krone NOK 27.99 28.29 📊
🇴🇲 Omani Riyal OMR 725.35 735.6 📊
🇶🇦 Qatari Riyal QAR 75.34 76.4 📊
🇸🇦 Saudi Riyal SAR 74.65 75.2 📊
🇸🇬 Singapore Dollar SGD 214.18 217.95 📊
🇸🇪 Swedish Korona SEK 28.25 28.9 📊
🇨🇭 Swiss Franc CHF 343.59 348.25 📊
🇹🇭 Thai Bhat THB 8.55 8.8 📊
🇦🇪 U.A.E Dirham AED 76.25 76.8 📊
🇬🇧 UK Pound Sterling GBP 374.63 377.15 📊
🇺🇸 US Dollar USD 279.25 279.8 📊

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