Pakistan's international sovereign bonds dropped 0.5% on Friday, with the 2036 issuance falling to 97.80 cents, following new US tariffs. The US announced 10% and 12.5% duties on goods from 60 trading partners, including Pakistan, citing lax enforcement of forced labour bans. This move targets 99.4% of US imports, impacting key Pakistani exports. Such tariffs could strain Pakistan's export earnings and balance of payments, potentially increasing pressure on the USD/PKR exchange rate and influencing local gold prices.
بحوالہ / Source: www.brecorder.com