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KARACHI: The Pakistani rupee extended its decline on Monday, falling to a 19-month low against the US dollar in the interbank market. By day’s end, the rupee closed at 284.22, losing Re0.25. Last week, the rupee had already shown weakness, ending at 283.97 — marking a 0.09% decline on a
ISLAMABAD: Pakistan’s textile exports reached $17.88 billion in FY2025, reflecting a 7.22% year-on-year (YoY) increase from $16.68 billion in FY2024, according to data released by the All Pakistan Textile Mills Association (APTMA). However, the export figures remain 7.36% below the record high of $19.3 billion achieved in FY2022. In June
KARACHI: The Pakistani rupee posted a slight gain against the US dollar in the interbank market on Thursday, appreciating by 0.03%. The local currency closed at 283.86, up by Re0.09 from Wednesday’s closing rate of 283.95. Globally, the US dollar showed signs of weakness following a trade agreement between the
KARACHI: The Pakistan Stock Exchange (PSX) continued its record-setting streak on Thursday, driven by the government’s recent economic measures, including cuts in National Savings Scheme rates, lower industrial electricity tariffs, and accelerated discussions on the privatization of state-owned enterprises. The benchmark KSE-100 Index climbed 342 points, or 0.26%, to close
