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PSX Continues Downward Slide Despite Stronger Trading Activity

KARACHI: The Pakistan Stock Exchange (PSX) ended Tuesday’s session in the red as profit-taking in major index-weighted sectors pulled the market lower, despite improved overall trading activity. The benchmark KSE-100 Index shed 291.59 points, or 0.18 percent, closing at 161,692.49 against the previous close of 161,984.09. During the day, the

PKR Recorded Marginal Improvement

KARACHI: On Monday, the Pakistani rupee saw a slight appreciation against the US dollar in the inter-bank market. The currency closed at 280.61, marking a modest gain of Re 0.01 against the dollar. Read More: https://epaper.brecorder.com/2025/11/25/1-page/1076576-news.html

Govt Withdraws 0.25pc Export Development Surcharge

ISLAMABAD: In a significant move, the government has opted to abolish the 0.25 percent Export Development Surcharge (EDS) on exports with immediate effect. According to Commerce Ministry sources cited by Business Recorder, the decision offers long-awaited relief to exporters and is expected to enhance Pakistan’s competitiveness in international markets. Read

PKR Posts Marginal Weekly Gain Against US Dollar

KARACHI: The Pakistani rupee recorded a slight gain for the week, appreciating by Re 0.10, or 0.04%, against the US dollar in the interbank market. The local currency closed at 280.62, up from 280.72 at the end of the previous week, according to the State Bank of Pakistan (SBP). Read

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