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Business Recorder helps its readers by compiling what it sees as important updates from the previous day to save your valuable time and effort.

Here are the top stories you should read to start your day:

  • SBP raises key interest rate by 300bps, takes it to 20%

Read here for details.

  • FO confirms 7 Pakistanis dead in Libya boat wreck

Read here for details.

  • Gold price per tola jumps Rs9,400 in Pakistan

Read here for details.

  • New historic low: rupee suffers another dramatic fall, closes at 285.09 against US dollar

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  • On back of loan from China, SBP-held foreign exchange reserves increase $556mn, now stand at $3.81bn

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  • KSE-100 gains 0.64% as banking, oil and gas sectors lead charge

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  • Pakistan, IMF to reach staff-level agreement by next week: Ishaq Dar

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  • Court discharges case against Lieutenant General Amjad Shoaib (retd)

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  • SSGC seeks 26.9pc raise in gas prices

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  • Usage of 300 units and above: Rs3.39/unit additional surcharge on the cards

Read here for details.

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