Category: News

Crude Oil Climbs on Strait of Hormuz Supply Risks

NEW YORK: Oil prices rose nearly 2% on Tuesday, reaching their highest level in a month, after the United States reimposed a naval blockade on Iran, a move expected to disrupt oil shipments through the Strait of Hormuz and tighten regional supply. Read More: https://epaper.brecorder.com/2026/07/15/1-page/1111728-news.html

Pakistani Rupee Strengthens Amid Rising Remittances

The Pakistani rupee posted another week of modest gains against the US dollar, appreciating 0.03% in the interbank market. Read More: https://epaper.brecorder.com/2026/07/13/8-page/1111557-news.html

Pakistan Stock Exchange Ends Weekly Rally

The Pakistan Stock Exchange ended its multi-week rally as renewed US-Iran tensions triggered investor selling, with the KSE-100 Index falling 1.7% during the week. Read More: https://epaper.brecorder.com/2026/07/13/1-page/1111499-news.html

PKR Appreciates Slightly in Interbank Market

KARACHI: The Pakistani rupee edged higher against the US dollar in the inter-bank market during the previous week, registering a 0.03 percent appreciation. The local unit closed at 278.12 against the greenback, compared with 278.20 a week earlier, reflecting a gain of Re0.08. Read More: https://epaper.brecorder.com/2026/07/06/8-page/1110753-news.html

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