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PKR experienced a slight depreciation against the US dollar

KARACHI: The Pakistani rupee recorded a slight decline against the US dollar, slipping by 0.04% in the inter-bank market on Monday. By the end of the trading session, the local currency closed at 281.77, down by Re0.11 against the dollar. In the previous week, the rupee had shown a modest

Over 50 ultra-processed food items may face 5% FED

Over 50 ultra-processed food items may face 5% FED ISLAMABAD: In a significant move to boost revenue, the government is expected to introduce a 5 percent Federal Excise Duty (FED) on more than 50 categories of ultra-processed foods in the upcoming 2025–26 budget. Sources informed Business Recorder on Monday that

Rupee posted marginal gain against the US dollar

KARACHI: The Pakistani rupee recorded a slight gain against the US dollar last week, appreciating by Rs0.05 or 0.02% in the inter-bank market.

According to the State Bank of Pakistan (SBP), the local currency closed at 281.66

PSX records its strongest weekly gain in five years.

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a robust rebound, marking its highest week-on-week (WoW) gain in five years, driven by the announcement of a ceasefire

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