March Remittances Surge to Record $4.1bn Courtesy: Business Recorder, 15 April 2025 RIZWAN BHATTI KARACHI: Pakistan recorded its highest-ever monthly inflow of home remittances amounting to $4.1 billion in March 2025. The surge was primarily driven by seasonal factors, including Eid preparations and the holy month of Ramadan, as overseas
THE RUPEE PKR: Slight Decline Courtesy: Business Recorder, 15 April 2025 ECORDER REPORT KARACHI: The Pakistani rupee saw slight decline against the US dollar, depreciating 0.05% in the inter-bank market on Monday. At close, the currency settled at 280.60, a loss of Re0.13 against the US dollar. During the previous
PSX Remains Volatile Courtesy: Business Recorder, 14 April 2025 RECORDER REVIEW KARACHI: The Pakistan Stock Exchange (PSX) remained volatile during the week ending April 11, 2025, amid heightened global uncertainty triggered by tariff announcements from the U.S. President. The benchmark KSE-100 index dropped 3,938 points, or 3.3 percent, on a
Pakistani Rupee Remained Stable against the US Dollar Courtesy: Business Recorder, 14 April 2025 RECORDER REVIEW KARACHI: The Pakistani rupee remained stable against the US dollar in the inter-bank market during the previous week. The rupee lost Re0.31 in the first three sessions of the week, but gained momentum to
