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Index Dips on Profit-Taking Courtesy: Business Recorder, 17 April 2025 RECORDER REPORT KARACHI: The Pakistan Stock Exchange (PSX) experienced a volatile trading session on Wednesday, ultimately closing lower amid profit-taking by investors. The benchmark KSE-100 Index lost 755.40 points, or 0.65 percent, closing at 116,020.11 points on Wednesday compared to
PKR: Marginal Improvement Courtesy: Business Recorder, 17 April 2025 RECORDER REPORT KARACHI: The Pakistani rupee saw marginal improvement against the US dollar, appreciating 0.04% in the inter-bank market on Wednesday. At close, the currency settled at 280.46, a gain of Re0.11 against the US dollar. On Tuesday, the rupee had
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
