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PKR Slightly Gain

KARACHI: The Pakistani rupee strengthened against the US dollar on Thursday, appreciating by 0.04% in the inter-bank market. By the end of the trading session, the local currency closed at 282.07, marking a gain of 10 paisas compared to the previous rate. The interbank market remained closed on Wednesday due

Pakistan and Tajikistan Assess Bilateral Cooperation

DUSHANBE: Prime Minister Shehbaz Sharif and Tajik President Emomali Rahmon on Thursday reviewed bilateral cooperation across various sectors, including politics, trade, economy, energy, defence, security, and regional connectivity. In their meeting, both leaders agreed to explore new areas of collaboration, with particular emphasis on promoting investment opportunities, expanding educational ties,

PKR Minor Decline

KARACHI: The Pakistani rupee saw a marginal decline against the US dollar in the inter-bank market on Monday, slipping by 0.03%. By the close of trading, the local currency stood at 282.06, marking a decrease of 9 paisas compared to the previous session. Over the past week, the rupee weakened

Expected FED decrease on beverages

ISLAMABAD: The government is actively considering a reduction in the federal excise duty (FED) on aerated beverages in the upcoming 2025-26 budget to attract greater foreign investment in the sector. Sources informed Business Recorder on Monday that budget planners are finalizing proposals aimed at providing tax relief for the industry.

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