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Pakistan Stock Exchange (PSX) closed modestly higher on Tuesday as improved investor sentiment, supported by declining international oil prices and encouraged select buying in key sectors helped the benchmark index recover part of the losses recorded in the previous session. Read More: https://epaper.brecorder.com/2026/06/03/1-page/1105507-news.html
KARACHI: The Pakistani rupee extended its gains against the US dollar on Monday, appreciating 0.01% in inter-bank trading. By the close of the session, the local currency settled at 278.67 per dollar, improving by Rs0.03 compared to Friday’s closing rate of 278.70. Read More: https://epaper.brecorder.com/2026/05/12/1-page/1102331-news.html
Pakistan’s home remittances maintained a robust growth trend, reaching an all-time high of nearly $34 billion during the first 10 months of FY26. The sharp increase was largely supported by stronger inflows from Gulf Cooperation Council (GCC) nations, reflecting continued confidence and contribution from overseas Pakistanis. Read More: https://epaper.brecorder.com/2026/05/12/1-page/1102327-news.html
The Pakistani rupee posted a slight gain against the US dollar in the interbank market, closing at 279.17 with an appreciation of Re0.03. Despite the marginal recovery, the US dollar continued to strengthen globally, nearing multi-month highs as investors moved toward safe-haven assets amid escalating tensions in the Middle East
