KARACHI: The Pakistan Stock Exchange (PSX) rebounded strongly on Tuesday as investors welcomed the State Bank of Pakistan’s (SBP) decision to maintain the policy rate at 11.50 percent. The development sparked selective buying across key sectors, enabling the market to recover a significant portion of the losses recorded in the
Fresh Eurobond inflows pushed the State Bank of Pakistan’s foreign exchange reserves to a record high of $21.4 billion, boosted by a landmark $3 billion dual-tranche bond issuance in early September. Read More: https://epaper.brecorder.com/2026/09/15/1-page/1119464-news.html
On Monday, the State Bank of Pakistan’s Monetary Policy Committee maintained the policy rate at 11.5%, stating that recent domestic economic indicators aligned with its projections. Read More: https://epaper.brecorder.com/2026/09/15/1-page/1119462-news.html
Backed by expanding foreign reserves and strict monetary controls, the Pakistani rupee gained Re0.09 against the dollar to settle at 277.32, prompting BMI to delay its devaluation forecast to 2027. Read More: https://epaper.brecorder.com/2026/09/14/10-page/1119441-news.html
