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PKR: Marginal Improvement Courtesy: Business Recorder, 17 April 2025 RECORDER REPORT KARACHI: The Pakistani rupee saw marginal improvement against the US dollar, appreciating 0.04% in the inter-bank market on Wednesday. At close, the currency settled at 280.46, a gain of Re0.11 against the US dollar. On Tuesday, the rupee had
March Remittances Surge to Record $4.1bn Courtesy: Business Recorder, 15 April 2025 RIZWAN BHATTI KARACHI: Pakistan recorded its highest-ever monthly inflow of home remittances amounting to $4.1 billion in March 2025. The surge was primarily driven by seasonal factors, including Eid preparations and the holy month of Ramadan, as overseas
THE RUPEE PKR: Slight Decline Courtesy: Business Recorder, 15 April 2025 ECORDER REPORT KARACHI: The Pakistani rupee saw slight decline against the US dollar, depreciating 0.05% in the inter-bank market on Monday. At close, the currency settled at 280.60, a loss of Re0.13 against the US dollar. During the previous
PSX Remains Volatile Courtesy: Business Recorder, 14 April 2025 RECORDER REVIEW KARACHI: The Pakistan Stock Exchange (PSX) remained volatile during the week ending April 11, 2025, amid heightened global uncertainty triggered by tariff announcements from the U.S. President. The benchmark KSE-100 index dropped 3,938 points, or 3.3 percent, on a
