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Pakistan Banking Summit 2026 concludes with focus on financial inclusion

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Key points:

  • Pakistan Banking Summit 2026 concluded in Karachi on July 8.
  • More than 1,200 participants attended the two-day event.
  • Over 15 international speakers and 20 local experts participated.
  • Finance Minister Muhammad Aurangzeb and SBP Governor Jameel Ahmad delivered keynote addresses.
  • Sessions focused on digital banking, financial inclusion, Islamic banking, climate finance and capital markets.
  • Pakistan Banks Association reaffirmed its commitment to supporting economic transformation through collaboration and innovation.

KARACHI – The Pakistan Banks Association (PBA) has concluded the second edition of the Pakistan Banking Summit 2026 (PBS’26), with banking leaders, policymakers and regulators reaffirming their commitment to strengthening Pakistan’s financial sector through greater collaboration, innovation and financial inclusion.

Held over two days in Karachi, the summit attracted more than 1,200 participants, including senior government officials, banking executives, regulators, international experts, development partners, academics and representatives from the corporate sector.

According to the organisers, the event featured over 15 international speakers and more than 20 Pakistani thought leaders, providing a platform to exchange global perspectives, strengthen public-private partnerships and discuss reforms aimed at building a resilient and future-ready financial system.

The summit featured keynote addresses by Finance Minister Senator Muhammad Aurangzeb, State Bank of Pakistan (SBP) Governor Jameel Ahmad, Minister of State for Finance and Railways Bilal Azhar Kayani, SBP Deputy Governor Saleem Ullah, and Citi Global Head of Services Shahmir Khaliq. Participants also watched a special video message from Syed Babar Ali, the founding pro-chancellor of LUMS.

Across nine thematic sessions, speakers discussed Pakistan’s economic outlook, financing for priority sectors, digital transformation, digital currencies, retail banking, payment systems, capital markets, climate finance, Islamic banking and leadership required to modernise the country’s banking industry.

Speaking at the summit, SBP Governor Jameel Ahmad highlighted the progress made in strengthening Pakistan’s financial sector and stressed the importance of maintaining the pace of reforms.

He said expanding access to finance, embracing innovation and improving resilience would help create a more competitive and inclusive financial system capable of addressing future challenges.

PBA Chairman Zafar Masud said the summit demonstrated that collaboration would remain central to the future of Pakistan’s financial sector.

He added that the banking industry was prepared to work closely with the federal government, the State Bank of Pakistan and the private sector to promote financial inclusion, expand financing for priority sectors, accelerate innovation and support long-term economic growth.

Meanwhile, Atif Bajwa, Chairman of the PBS Steering Committee, said Pakistan’s long-term economic ambitions would require stronger coordination between policymakers, regulators and financial institutions.

He called for reforms aimed at encouraging private-sector investment, improving access to finance for underserved sectors and creating an environment that supports innovation, sustainable finance and inclusive growth.

In his closing remarks, Muneer Kamal, CEO and Secretary General of the Pakistan Banks Association, said the summit had become an important platform for dialogue across the banking sector.

He said the success of PBS’26 would ultimately be measured by the partnerships it created, the ideas translated into practical action and its contribution to building a stronger and more competitive banking industry.

The organisers said the successful conclusion of the summit further strengthened its position as Pakistan’s flagship platform for banking and financial services, bringing together national and international stakeholders to shape the future of the country’s financial sector.

Read more: Pakistan Banking Summit 2026 key details: July 7-8

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Gold

Today’s gold rates in Pakistan – July 10, 2026

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KARACHI – On July 10, 2026, gold prices in Pakistan decreased, following the downward trend in international markets.

According to the Saraffa Association, the price of 24-karat gold per tola decreased to Rs 433,000 after a fall of Rs 2500, while the rate for 10 grams was Rs 371,230.

Today’s Gold and Silver Rates in Major Cities
City Gold Rate Silver Rate
Karachi PKR 433,000 PKR 3,830
Lahore PKR 433,050 PKR 3,830
Islamabad PKR 433,100 PKR 3,830
Peshawar PKR 433,150 PKR 3,830
Quetta PKR 433,200 PKR 3,830
Sialkot PKR 433,000 PKR 3,830
Hyderabad PKR 433,000 PKR 3,830
Faisalabad PKR 433,000 PKR 3,830
Multan PKR 433,000 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 10, 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 10, 2026. The US Dollar’s buying rate stands at Rs 279, and the selling rate at Rs 279.15.

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 193.84 197.25 📊
🇧🇭 Bahrain Dinar BHD 740.61 750.9 📊
🇨🇦 Canadian Dollar CAD 197.27 200.25 📊
🇨🇳 China Yuan CNY 38 38.75 📊
🇩🇰 Danish Krone DKK 42.56 43.25 📊
🇪🇺 Euro EUR 319.42 323.5 📊
🇭🇰 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 889.43 899.9 📊
🇲🇾 Malaysian Ringgit MYR 67.15 67.95 📊
🇳🇿 NewZealand $ NZD 159 160.75 📊
🇳🇴 Norwegian Krone NOK 27.99 28.29 📊
🇴🇲 Omani Riyal OMR 725.35 735.6 📊
🇶🇦 Qatari Riyal QAR 75.34 76.4 📊
🇸🇦 Saudi Riyal SAR 74.55 75.1 📊
🇸🇬 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 76.2 76.9 📊
🇬🇧 UK Pound Sterling GBP 375.06 378.15 📊
🇺🇸 US Dollar USD 279 279.15 📊

 

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Gold

Today’s gold rates in Pakistan – July 08, 2026

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KARACHI – On July 08, 2026, gold prices in Pakistan decreased, following the downward trend in international markets.

According to the Saraffa Association, the price of 24-karat gold per tola decreased to Rs 435,500 after a fall of Rs 3500, while the rate for 10 grams was Rs 373,380.

Today’s Gold and Silver Rates in Major Cities
City Gold Rate Silver Rate
Karachi PKR 435,500 PKR 3,830
Lahore PKR 435,550 PKR 3,830
Islamabad PKR 435,600 PKR 3,830
Peshawar PKR 435,650 PKR 3,830
Quetta PKR 435,700 PKR 3,830
Sialkot PKR 435,500 PKR 3,830
Hyderabad PKR 435,500 PKR 3,830
Faisalabad PKR 435,5000 PKR 3,830
Multan PKR 435,500 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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