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The PKR showed slight improvement Courtesy: Business Recorder, 23 April 2025 KARACHI: Tuesday’s interbank market saw a 0.04% gain in the value of the Pakistani rupee in comparison to the US dollar. The currency obtained Re0.10 compared to the US dollar at close, ending at 280.77.In comparison to the dollar,
Index Dips on Profit-Taking Courtesy: Business Recorder, 17 April 2025 RECORDER REPORT KARACHI: The Pakistan Stock Exchange (PSX) experienced a volatile trading session on Wednesday, ultimately closing lower amid profit-taking by investors. The benchmark KSE-100 Index lost 755.40 points, or 0.65 percent, closing at 116,020.11 points on Wednesday compared to
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
