Category: News

Pakistan’s FX Reserves Post $11m Gain

KARACHI: The State Bank of Pakistan’s (SBP) foreign exchange reserves rose by $11 million during the week ended August 8, 2025. According to the SBP’s weekly report, reserves held by the state bank increased to $14.243 billion from $14.232 billion a week earlier. In contrast, net foreign reserves held by

Rupee Continues Upward Momentum

KARACHI: The Pakistani rupee continued to march upwards against the US dollar, appreciating 0.06 percent in the inter-bank market on Friday. At close, the currency settled at 282.06, a gain of Re0.16. On Wednesday, the rupee had closed at 282.22. Read More : https://epaper.brecorder.com/2025/08/16/1-page/1061992-news.html

US keen on boosting ties with Pakistan

WASHINGTON: US Secretary of State Marco Rubio expressed Washington’s readiness to explore collaboration with Pakistan in the areas of critical minerals and hydrocarbons. His remarks were shared in a statement released by the State Department on the occasion of Pakistan’s Independence Day.—Reuters Read More : https://epaper.brecorder.com/2025/08/15/1-page/1061921-news.html

Customs Revises Spun Yarn Import Values

ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has announced revised customs values for the import of polyester spun yarn, viscose spun yarn, acrylic spun yarn, and their blends from China, Thailand, Indonesia, and Vietnam. The updated rates have been issued under Valuation Ruling No. 64 of 2025. Read More

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