Business

Pakistan imports record $262m worth of buses and trucks

Published

4 hours ago

June 26, 2026

ISLAMABAD – Pakistan’s imports of heavy commercial vehicles reached a record high during the first 11 months of fiscal year 2025-26, reflecting stronger demand from the transport and logistics sectors amid improving economic activity and lower borrowing costs.

According to data released by the State Bank of Pakistan (SBP), imports of buses and trucks stood at $262.4 million during July-May FY26, compared with $57.8m in the corresponding period last year, marking an increase of more than 350 per cent.

The latest figures represent the highest value of heavy commercial vehicle imports recorded in the country’s history.

SBP data showed that most of the imported vehicles entered Pakistan as completely built units (CBUs), indicating that transport operators and corporate buyers preferred fully assembled buses and trucks to expand and modernise their fleets.

The increase comes as declining interest rates have reduced financing costs, encouraging transport and logistics companies to invest in new commercial vehicles.

The recovery in business activity, along with government support for the transport and logistics sector, has also contributed to higher demand, according to the data.

The rise in industrial output, construction activity, freight movement and inter-provincial trade has further increased the need for heavy-duty transport, prompting many operators to replace ageing fleets with newly imported vehicles.

Business

GTA 6 reportedly tops 50 million pre-orders ahead of launch

Published

35 minutes ago

June 26, 2026

Staff Reporter

ISLAMABAD – Unverified claims circulating on social media suggest that Grand Theft Auto VI (GTA 6) has surpassed 50 million pre-orders and generated more than $4 billion in revenue ahead of its planned release in 2026.

The figures have been shared by several gaming-focused accounts on X but have not been confirmed by Rockstar Games or its parent company, Take-Two Interactive.

If verified, the reported milestone would rank GTA 6 among the largest entertainment launches in history even before its release, underscoring the strong anticipation surrounding Rockstar’s next instalment in the long-running franchise.

Separately, a user on social media claimed to have pre-ordered the game for less than $3 by combining previously earned Best Buy cashback reward certificates with a 10 per cent discount coupon.

According to the user, the cashback rewards had been accumulated during an earlier purchase of a PS5 Pro, reducing the final cost of the GTA 6 pre-order to under $3.

Rockstar Games has yet to announce official pre-order numbers or revenue figures for GTA 6.

Gold

Today’s gold rates in Pakistan – June 26, 2026

Published

9 hours ago

June 26, 2026

Web Desk

KARACHI – On June 26, 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 434,500 after a fall of Rs 1500, while the rate for 10 grams was Rs 372,520.

**Today’s Gold and Silver Rates in Major Cities**
City	Gold Rate	Silver Rate
Karachi	PKR 434,500	PKR 3,830
Lahore	PKR 434,550	PKR 3,830
Islamabad	PKR 434,600	PKR 3,830
Peshawar	PKR 434,650	PKR 3,830
Quetta	PKR 434,700	PKR 3,830
Sialkot	PKR 434,500	PKR 3,830
Hyderabad	PKR 434,500	PKR 3,830
Faisalabad	PKR 434,500	PKR 3,830
Multan	PKR 434,500	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.

Forex

Today’s currency exchange rates in Pakistan – June 26, 2026

Published

9 hours ago

June 26, 2026

Web Desk

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 June 25, 2026. The US Dollar’s buying rate stands at Rs 279.05, and the selling rate at Rs 279.3.

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	193.37	196.95	📊
Bahrain Dinar	BHD	737.16	747.75	📊
Canadian Dollar	CAD	197.52	201.17	📊
China Yuan	CNY	38.1	38.85	📊
Danish Krone	DKK	43.35	43.75	📊
Euro	EUR	318.55	322.17	📊
Hong Kong Dollar	HKD	35.06	36.04	📊
Indian Rupee	INR	2.75	3.05	📊
Japanese Yen	JPY	1.71	1.81	📊
Kuwaiti Dinar	KWD	885.17	895.9	📊
Malaysian Ringgit	MYR	67	67.85	📊
NewZealand $	NZD	157.64	161.65	📊
Norwegians Krone	NOK	27.97	28.27	📊
Omani Riyal	OMR	722.25	732.5	📊
Qatari Riyal	QAR	75.04	75.95	📊
Saudi Riyal	SAR	74.3	74.95	📊
Singapore Dollar	SGD	213.9	217.64	📊
Swedish Korona	SEK	30.25	30.55	📊
Swiss Franc	CHF	342.45	346.2	📊
Thai Bhat	THB	8.5	8.75	📊
U.A.E Dirham	AED	75.9	76.75	📊
UK Pound Sterling	GBP	368.52	372.25	📊
US Dollar	USD	279.05	279.3	📊