News & Events

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Overseas remittances Increase 27pc to $38.3bn in FY25

Pakistan’s remittance inflows reached a record USD 38.3 billion in FY25, reflecting a 27 percent year-on-year increase. However, the expense of routing these funds through the Pakistan Remittance Initiative (PRI) surged even faster—rising 70 percent to Rs 124.14 billion, compared to Rs 72.95 billion in FY24. Read More: https://epaper.brecorder.com/2025/09/05/1-page/1064580-news.html

PKR Continued its Upward Trend

The Pakistani rupee continued its upward trend against the US dollar, posting a slight appreciation in the inter-bank market on Wednesday. By the close of trading, the rupee stood at 281.71, up by Re0.01 against the dollar, marking its 19th consecutive gain. Read More: https://epaper.brecorder.com/2025/09/04/1-page/1064437-news.html

SBP has given its initial approval to legalize digital currencies

The State Bank of Pakistan (SBP) has given its in-principle approval to legalise digital currencies, though a formal regulatory framework is still under development. This was disclosed by Acting Deputy Governor Dr. Inayat Hussain during a briefing to the Senate Standing Committee on Finance and Revenue on Wednesday. Read More:

PKR Continued its Upward Trend

The Pakistani rupee continued its upward trend against the US dollar, appreciating by 0.01% in the inter-bank market on Tuesday. At the close, it stood at 281.72, marking an increase of Re0.03 against the greenback. This marked the rupee’s 18th consecutive gain. Read More: https://epaper.brecorder.com/2025/09/03/1-page/1064299-news.html

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