Pakistan's national currency, the rupee, has experienced a remarkable 3.1% surge against the U.S. dollar in just one month, positioning it as one of the highest gainers globally.
Pakistan's local currency experienced a significant recovery against the US dollar after reaching an agreement with the IMF, providing relief to the market and boosting confidence in the economy.
Per a new purchasing managers’ survey released by HBL and S&P, Pakistan’s manufacturing PMI rose to 50.9 in May, returning to expansion as new orders recovered and export orders posted their strongest rise since February 2025.
Pakistan’s major ports are seeing a sharp rise in container and transshipment activity as Gulf disruption redirects cargo towards Karachi, Port Qasim and Gwadar.
Iranian officials are preparing three days of farewell ceremonies and a 24-hour funeral procession for Ali Khamenei, with events expected in Tehran, Qom and Mashhad.
Trump reportedly warned Netanyahu against further escalation in Lebanon as US-Iran diplomacy faced renewed pressure, with Pakistan and Qatar involved in efforts to preserve a fragile regional framework.