Pakistan’s equity market continued its upward momentum for a second consecutive week, as the benchmark KSE-100 Index settled at 171,404 points, marking a 0.91 percent week-on-week increase. The gains were driven by an unexpected cut in the policy rate, strengthening external reserves, and continued resilience in banking sector stocks, which
Prices of key kitchen essentials continued to remain elevated in the retail market, according to a weekly market survey conducted by Business Recorder on Sunday. The survey indicated that despite regular market activity, the cost of essential household food items showed no significant decline, adding to the financial pressure on
The Pakistan rupee continued to show a modest improvement for the second consecutive week, recording a marginal gain as it strengthened by Re0.06, or 0.02 percent, against the US dollar in the inter-bank market. This slight appreciation reflects relative stability in the local currency, supported by balanced demand and supply
KARACHI: The Pakistani rupee posted a slight gain against the US dollar in the inter-bank market on Friday. By the end of trading, the local currency settled at 280.25, appreciating by Re0.01 compared to the previous close. On Thursday, the rupee had ended the session at 280.26 against the greenback.
