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https://www.brecorder.com/exchange-rates-eur-to-pkr https://www.brecorder.com/gold-prices-in-pakistan-today https://www.brecorder.com/sports/icc-t20-world-cup https://www.brecorder.com/exchange-rates-jpy-to-pkr https://www.brecorder.com/latest-videos https://www.brecorder.com/looking-back-2021 2022-01-01 https://www.brecorder.com/world/mena https://www.brecorder.com/must-read https://www.brecorder.com/exchange-rates-gbp-to-pkr https://www.brecorder.com/exchange-rates-sar-to-pkr https://www.brecorder.com/startup-recorder 2026-07-27 https://www.brecorder.com/exchange-rates-aed-to-pkr https://www.brecorder.com/weather 2020-06-20 https://www.brecorder.com/news/40433388/pakistan-seeks-13bn-china-refinancing Pakistan seeks $1.3bn China refinancing en 2026-08-05 Pakistan seeks $1.3bn China refinancing https://www.brecorder.com/news/40433420/indias-forex-reserves-hit-three-month-peak-see-biggest-weekly-rise-in-six-months India's forex reserves hit three-month peak, see biggest weekly rise in six months en 2026-08-05 India's forex reserves hit three-month peak, see biggest weekly rise in six months https://www.brecorder.com/news/40433419/south-african-rand-edges-up-ahead-of-business-activity-pmi-as-risk-appetite-improves South African rand edges up ahead of business activity PMI as risk appetite improves en 2026-08-05 South African rand edges up ahead of business activity PMI as risk appetite improves https://www.brecorder.com/news/40433397/oil-extends-fall-as-investors-await-outcome-of-us-iran-negotiations Oil extends fall as investors await outcome of US-Iran negotiations en 2026-08-05 Oil extends fall as investors await outcome of US-Iran negotiations https://www.brecorder.com/news/40433418/gold-hits-one-month-peak-on-lower-oil-and-softer-dollar Gold hits one-month peak on lower oil and softer dollar en 2026-08-05 Gold hits one-month peak on lower oil and softer dollar https://www.brecorder.com/news/40433417/australia-not-planning-tour-match-before-india-test-series-coach-says Australia not planning tour match before India Test series, coach says en 2026-08-05 Australia not planning tour match before India Test series, coach says https://www.brecorder.com/news/40433416/pakistan-seeks-jica-financing-for-ml-1-railway-project Pakistan seeks JICA financing for ML-1 Railway Project en 2026-08-05 Pakistan seeks JICA financing for ML-1 Railway Project https://www.brecorder.com/news/40433415/yemens-houthis-say-they-attacked-saudi-oil-tanker-in-red-sea Yemen's Houthis say they attacked Saudi oil tanker in Red Sea en 2026-08-05 Yemen's Houthis say they attacked Saudi oil tanker in Red Sea https://www.brecorder.com/news/40433414/india-bonds-jump-as-oil-crashes-dovish-rbi-may-further-boost-rally India bonds jump as oil crashes, dovish RBI may further boost rally en 2026-08-05 India bonds jump as oil crashes, dovish RBI may further boost rally https://www.brecorder.com/news/40433413/japans-nikkei-jumps-over-3-to-end-at-2-week-high-on-ai-stock-rally-strong-corporate-outlook Japan's Nikkei jumps over 3% to end at 2-week high on AI-stock rally, strong corporate outlook en 2026-08-05 Japan's Nikkei jumps over 3% to end at 2-week high on AI-stock rally, strong corporate outlook https://www.brecorder.com/news/40433412/stocks-in-australia-and-new-zealand-end-at-record-highs Stocks in Australia and New Zealand end at record highs en 2026-08-05 Stocks in Australia and New Zealand end at record highs https://www.brecorder.com/news/40433409/govt-unveils-unified-transshipment-incentives-for-kpt-port-qasim Govt unveils unified transshipment incentives for KPT, Port Qasim en 2026-08-05 Govt unveils unified transshipment incentives for KPT, Port Qasim https://www.brecorder.com/news/40433411/pakistan-us-reaffirm-joint-resolve-against-regional-terrorism Pakistan, US reaffirm joint resolve against regional terrorism en 2026-08-05 Pakistan, US reaffirm joint resolve against regional terrorism https://www.brecorder.com/news/40433410/indian-rupee-sails-past-95-to-one-month-high-premiums-drop-before-rbi-decision Indian rupee sails past 95 to one-month high, premiums drop before RBI decision en 2026-08-05 Indian rupee sails past 95 to one-month high, premiums drop before RBI decision https://www.brecorder.com/news/40433395/buying-rally-continues-kse-100-up-2300-points Buying rally continues, KSE-100 up 2,300 points en 2026-08-05 Buying rally continues, KSE-100 up 2,300 points https://www.brecorder.com/news/40433408/palm-extends-gains-on-export-hopes-weak-soyoil-crude-oil-weigh Palm extends gains on export hopes; weak soyoil, crude oil weigh en 2026-08-05 Palm extends gains on export hopes; weak soyoil, crude oil weigh https://www.brecorder.com/news/40433407/japans-government-bond-yields-fall-as-lower-oil-prices-ease-inflation-fears Japan's government bond yields fall as lower oil prices ease inflation fears en 2026-08-05 Japan's government bond yields fall as lower oil prices ease inflation fears https://www.brecorder.com/news/40433406/manipal-health-jumps-on-market-debut-valuing-hospital-chain-at-9-billion Manipal Health jumps on market debut, valuing hospital chain at $9 billion en 2026-08-05 Manipal Health jumps on market debut, valuing hospital chain at $9 billion https://www.brecorder.com/news/40433405/us-and-iran-having-very-good-discussions-trump-says US and Iran having 'very good discussions', Trump says en 2026-08-05 US and Iran having 'very good discussions', Trump says https://www.brecorder.com/news/40433404/indias-nifty-flat-sensex-holds-gains-after-rbi-rate-pause India's Nifty flat, Sensex holds gains after RBI rate pause en 2026-08-05 India's Nifty flat, Sensex holds gains after RBI rate pause https://www.brecorder.com/news/40433403/tasdeeq-ipo-book-building-fully-subscribed-in-two-seconds Tasdeeq IPO book building fully subscribed in two seconds en 2026-08-05 Tasdeeq IPO book building fully subscribed in two seconds https://www.brecorder.com/news/40433402/china-stocks-rise-as-surge-in-chipmaking-shares-offsets-tumble-in-optical-module-plays China stocks rise as surge in chipmaking shares offsets tumble in optical module plays en 2026-08-05 China stocks rise as surge in chipmaking shares offsets tumble in optical module plays https://www.brecorder.com/news/40433401/stocks-up-in-asia-as-tech-mood-shifts-oil-slides Stocks up in Asia as tech mood shifts, oil slides en 2026-08-05 Stocks up in Asia as tech mood shifts, oil slides https://www.brecorder.com/news/40433400/indias-markets-regulator-unlikely-to-immediately-review-new-stock-closing-auction-source-says India's markets regulator unlikely to immediately review new stock closing auction, source says en 2026-08-05 India's markets regulator unlikely to immediately review new stock closing auction, source says https://www.brecorder.com/news/40433399/indias-central-bank-holds-rates-awaits-clearer-inflation-signal-before-acting India's central bank holds rates, awaits clearer inflation signal before acting en 2026-08-05 India's central bank holds rates, awaits clearer inflation signal before acting https://www.brecorder.com/news/40433398/yen-steadies-after-intervention-dollar-near-6-week-low-on-mideast-hopes Yen steadies after intervention, dollar near 6-week low on Mideast hopes en 2026-08-05 Yen steadies after intervention, dollar near 6-week low on Mideast hopes https://www.brecorder.com/news/40433396/pakistan-us-aim-to-conclude-reciprocal-trade-agreement-soon Pakistan, US aim to conclude reciprocal trade agreement soon en 2026-08-05 Pakistan, US aim to conclude reciprocal trade agreement soon https://www.brecorder.com/news/40433387/july-exports-surge-by-10pc-yoy July exports surge by 10pc YoY en 2026-08-05 July exports surge by 10pc YoY https://www.brecorder.com/news/40433390/ai-adoption-may-hit-pakistans-job-market-world-bank-warns AI adoption may hit Pakistan’s job market, World Bank warns en 2026-08-05 AI adoption may hit Pakistan’s job market, World Bank warns https://www.brecorder.com/news/40433389/resolution-of-pending-issues-fbr-business-bodies-to-be-constituted Resolution of pending issues: FBR-business bodies to be constituted en 2026-08-05 Resolution of pending issues: FBR-business bodies to be constituted https://www.brecorder.com/news/40433386/meeting-discusses-roadmap-for-gas-sector-transformation Meeting discusses roadmap for gas sector transformation en 2026-08-05 Meeting discusses roadmap for gas sector transformation https://www.brecorder.com/news/40433385/300mw-balakot-hydropower-project-pedo-faces-opposition-due-to-high-cost 300MW Balakot Hydropower Project: PEDO faces opposition due to high cost en 2026-08-05 300MW Balakot Hydropower Project: PEDO faces opposition due to high cost https://www.brecorder.com/news/40433391/m-12-project-ecc-approves-rs2762bn-sovereign-guarantees-issuance M-12 project: ECC approves Rs27.62bn sovereign guarantees issuance en 2026-08-05 M-12 project: ECC approves Rs27.62bn sovereign guarantees issuance https://www.brecorder.com/news/40433392/unrated-large-private-borrowers-sbp-raises-financing-limit-to-rs10bn Unrated large private borrowers: SBP raises financing limit to Rs10bn en 2026-08-05 Unrated large private borrowers: SBP raises financing limit to Rs10bn https://www.brecorder.com/news/40433334/leiner-pak-gelatine-limited-performance-and-outlook Leiner Pak Gelatine Limited: performance and outlook en 2026-08-05 Leiner Pak Gelatine Limited: performance and outlook https://www.brecorder.com/news/40433333/batteries-are-just-charging-up Batteries are just charging up en 2026-08-05 Batteries are just charging up https://www.brecorder.com/news/40433367/g-b-ajampk-punjab-sindh-amp-balochistan-aleem-outlines-key-prospective-infrastructure-initiatives G-B, AJ&K, Punjab, Sindh & Balochistan: Aleem outlines key prospective infrastructure initiatives en 2026-08-05 G-B, AJ&K, Punjab, Sindh & Balochistan: Aleem outlines key prospective infrastructure initiatives https://www.brecorder.com/news/40433368/customs-seizes-six-ndp-vehicles Customs seizes six NDP vehicles en 2026-08-05 Customs seizes six NDP vehicles https://www.brecorder.com/news/40433369/relief-rescue-operations-armed-forces-fully-ready-to-assist-ndma-civil-admin-cdf Relief, rescue operations: Armed forces fully ready to assist NDMA, civil admin: CDF en 2026-08-05 Relief, rescue operations: Armed forces fully ready to assist NDMA, civil admin: CDF https://www.brecorder.com/news/40433370/india-says-it-is-not-involved-with-hasinas-virtual-address India says it is not involved with Hasina’s virtual address en 2026-08-05 India says it is not involved with Hasina’s virtual address https://www.brecorder.com/news/40433371/michigan-primary-offers-key-test-of-democratic-voters-views-on-israel Michigan primary offers key test of Democratic voters’ views on Israel en 2026-08-05 Michigan primary offers key test of Democratic voters’ views on Israel https://www.brecorder.com/news/40433372/struggle-for-realization-of-right-to-self-determination-speaker-reaffirms-commitment-to-supporting-kashmiri-people Struggle for realization of right to self-determination: Speaker reaffirms commitment to supporting Kashmiri people en 2026-08-05 Struggle for realization of right to self-determination: Speaker reaffirms commitment to supporting Kashmiri people https://www.brecorder.com/news/40433373/secp-forms-wg-to-review-corporate-debt-market-needs SECP forms WG to review corporate debt market needs en 2026-08-05 SECP forms WG to review corporate debt market needs https://www.brecorder.com/news/40433374/pide-calls-for-responsible-ai-adoption PIDE calls for responsible AI adoption en 2026-08-05 PIDE calls for responsible AI adoption https://www.brecorder.com/news/40433375/pac-flags-financial-irregularities-in-public-universities PAC flags financial irregularities in public universities en 2026-08-05 PAC flags financial irregularities in public universities https://www.brecorder.com/news/40433376/nab-recovers-movable-immovable-assets-worth-rs245trn-in-q2 NAB recovers movable, immovable assets worth Rs2.45trn in Q2 en 2026-08-05 NAB recovers movable, immovable assets worth Rs2.45trn in Q2 https://www.brecorder.com/news/40433377/military-reaffirms-solidarity-with-iiojk-people Military reaffirms solidarity with IIOJK people en 2026-08-05 Military reaffirms solidarity with IIOJK people https://www.brecorder.com/news/40433378/lcci-launches-several-initiatives-for-stronger-academia-industry-linkages ‘LCCI launches several initiatives for stronger academia-industry linkages’ en 2026-08-05 ‘LCCI launches several initiatives for stronger academia-industry linkages’ https://www.brecorder.com/news/40433379/fight-against-terrorism-corps-commander-vows-militarys-continued-support-for-kp-police Fight against terrorism: Corps Commander vows military’s continued support for KP Police en 2026-08-05 Fight against terrorism: Corps Commander vows military’s continued support for KP Police https://www.brecorder.com/news/40433380/pm-reaffirms-diplomatic-moral-support-to-kashmiris PM reaffirms diplomatic, moral support to Kashmiris en 2026-08-05 PM reaffirms diplomatic, moral support to Kashmiris https://www.brecorder.com/news/40433383/qatar-says-progress-made-toward-us-iran-talks Qatar says progress made toward US-Iran talks en 2026-08-05 Qatar says progress made toward US-Iran talks https://www.brecorder.com/news/40433384/service-suspended-at-a-saudi-airport-after-attack Service suspended at a Saudi airport after attack en 2026-08-05 Service suspended at a Saudi airport after attack https://www.brecorder.com/news/40433310/the-shape-of-the-future-grid The shape of the future grid en 2026-08-05 The shape of the future grid https://www.brecorder.com/news/40433308/no-double-standard-on-hate-speech No double standard on hate speech en 2026-08-05 No double standard on hate speech https://www.brecorder.com/news/40433311/pakistans-economy-doesnt-need-more-experts-it-needs-one-owner Pakistan’s economy doesn’t need more experts; it needs one owner en 2026-08-05 Pakistan’s economy doesn’t need more experts; it needs one owner https://www.brecorder.com/news/40433394/time-based-power-tariff-imf-not-allowing-pakistan-to-offer-cheap-electricity-leghari Time-based power tariff: IMF not allowing Pakistan to offer cheap electricity: Leghari en 2026-08-05 Time-based power tariff: IMF not allowing Pakistan to offer cheap electricity: Leghari https://www.brecorder.com/news/40433393/psx-ends-sharply-lower PSX ends sharply lower en 2026-08-05 PSX ends sharply lower https://www.brecorder.com/news/40433382/oil-prices-drop-on-hopes-of-mideast-conflict-resolution Oil prices drop on hopes of Mideast conflict resolution en 2026-08-05 Oil prices drop on hopes of Mideast conflict resolution https://www.brecorder.com/news/40433381/petrol-price-cut-by-rs339-hsds-by-rs407 Petrol price cut by Rs3.39, HSD’s by Rs4.07 en 2026-08-05 Petrol price cut by Rs3.39, HSD’s by Rs4.07 https://www.brecorder.com/news/40433366/dar-to-attend-meeting-on-occupied-jerusalem-in-jordan-today Dar to attend meeting on occupied Jerusalem in Jordan today en 2026-08-05 Dar to attend meeting on occupied Jerusalem in Jordan today https://www.brecorder.com/news/40433365/sindh-and-punjab-5-killed-16-hurt-in-rain-related-incidents Sindh and Punjab: 5 killed, 16 hurt in rain-related incidents en 2026-08-05 Sindh and Punjab: 5 killed, 16 hurt in rain-related incidents https://www.brecorder.com/news/40433364/gazans-hold-mass-funeral-for-those-killed-during-israeli-aggression Gazans hold mass funeral for those killed during Israeli aggression en 2026-08-05 Gazans hold mass funeral for those killed during Israeli aggression https://www.brecorder.com/news/40433363/st-at-the-rate-of-rs5unit-of-electricity-fbr-notifies-list-of-99-iron-steel-manufacturers ST at the rate of Rs5/unit of electricity: FBR notifies list of 99 iron, steel manufacturers en 2026-08-05 ST at the rate of Rs5/unit of electricity: FBR notifies list of 99 iron, steel manufacturers https://www.brecorder.com/news/40433362/nepal-mountaineers-mourn-lost-generation-in-avalanche Nepal mountaineers mourn ‘lost generation’ in avalanche en 2026-08-05 Nepal mountaineers mourn ‘lost generation’ in avalanche https://www.brecorder.com/news/40433361/senior-business-recorder-photojournalist-passes-away Senior Business Recorder photojournalist passes away en 2026-08-05 Senior Business Recorder photojournalist passes away https://www.brecorder.com/news/40433360/msmes-smeda-sedf-discuss-avenues-for-access-to-finance MSMEs: SMEDA, SEDF discuss avenues for access to finance en 2026-08-05 MSMEs: SMEDA, SEDF discuss avenues for access to finance https://www.brecorder.com/news/40433359/interior-ministers-statement-pti-leader-urges-pm-to-seek-vote-of-confidence Interior minister’s statement: PTI leader urges PM to seek vote of confidence en 2026-08-05 Interior minister’s statement: PTI leader urges PM to seek vote of confidence https://www.brecorder.com/news/40433358/digital-property-transfer-service-for-punjab-launched-at-uk-hc Digital property transfer service for Punjab launched at UK HC en 2026-08-05 Digital property transfer service for Punjab launched at UK HC https://www.brecorder.com/news/40433357/competition-law-ccp-intensifying-efforts-to-raise-awareness-chairman Competition law: CCP intensifying efforts to raise awareness: chairman en 2026-08-05 Competition law: CCP intensifying efforts to raise awareness: chairman https://www.brecorder.com/news/40433356/sherry-condemns-electoral-irregularities-in-ajk-polls Sherry condemns ‘electoral irregularities’ in AJK polls en 2026-08-05 Sherry condemns ‘electoral irregularities’ in AJK polls https://www.brecorder.com/news/40433355/pakistan-sri-lanka-join-hands-to-conduct-research Pakistan, Sri Lanka join hands to conduct research en 2026-08-05 Pakistan, Sri Lanka join hands to conduct research https://www.brecorder.com/news/40433354/nehal-inaugurates-ai-lab-at-ssuet Nehal inaugurates AI lab at SSUET en 2026-08-05 Nehal inaugurates AI lab at SSUET https://www.brecorder.com/news/40433353/goods-transporters-say-will-observe-strike-from-8th Goods transporters say will observe strike from 8th en 2026-08-05 Goods transporters say will observe strike from 8th https://www.brecorder.com/news/40433352/youm-e-istehsal-e-kashmir-today-bilawal-says-no-unilateral-action-can-erase-history Youm-e-Istehsal-e-Kashmir today: Bilawal says no unilateral action can erase history en 2026-08-05 Youm-e-Istehsal-e-Kashmir today: Bilawal says no unilateral action can erase history https://www.brecorder.com/news/40433351/book-on-indias-hybrid-warfare-launched Book on ‘India’s hybrid warfare’ launched en 2026-08-05 Book on ‘India’s hybrid warfare’ launched https://www.brecorder.com/news/40433350/governor-hec-chief-agree-to-increase-cooperation-on-ai Governor, HEC chief agree to increase cooperation on AI en 2026-08-05 Governor, HEC chief agree to increase cooperation on AI https://www.brecorder.com/news/40433349/sovereign-ai-cloud-infrastructure-data-vault-galaxy-tech-enter-into-partnership Sovereign AI, cloud infrastructure: Data Vault, Galaxy Tech enter into partnership en 2026-08-05 Sovereign AI, cloud infrastructure: Data Vault, Galaxy Tech enter into partnership https://www.brecorder.com/news/40433348/vibrant-industry-backbone-of-economy-khalid-maqbool Vibrant industry backbone of economy: Khalid Maqbool en 2026-08-05 Vibrant industry backbone of economy: Khalid Maqbool https://www.brecorder.com/news/40433347/ecp-seeks-annual-wealth-statements-of-parties-for-fy2025-26 ECP seeks annual wealth statements of parties for FY2025-26 en 2026-08-05 ECP seeks annual wealth statements of parties for FY2025-26 https://www.brecorder.com/news/40433346/magistrates-conduct-88000-inspections-in-a-week Magistrates conduct 88,000 inspections in a week en 2026-08-05 Magistrates conduct 88,000 inspections in a week https://www.brecorder.com/news/40433345/smith-appointed-batting-coach-of-mens-team Smith appointed batting coach of men’s team en 2026-08-05 Smith appointed batting coach of men’s team https://www.brecorder.com/news/40433344/fda-directs-strict-implementation-of-anti-dengue-steps FDA directs strict implementation of anti-dengue steps en 2026-08-05 FDA directs strict implementation of anti-dengue steps https://www.brecorder.com/news/40433343/cm-pays-tribute-to-police-martyrs CM pays tribute to police martyrs en 2026-08-05 CM pays tribute to police martyrs https://www.brecorder.com/news/40433342/minister-reviews-flood-preparedness-in-jalalpur-pirwala Minister reviews flood preparedness in Jalalpur Pirwala en 2026-08-05 Minister reviews flood preparedness in Jalalpur Pirwala https://www.brecorder.com/news/40433341/cm-khushab-mpas-discuss-development-constituency-issues CM, Khushab MPAs discuss development, constituency issues en 2026-08-05 CM, Khushab MPAs discuss development, constituency issues https://www.brecorder.com/news/40433340/azmas-makes-humorous-remark-on-karachis-public-transport Azma’s makes humorous remark on Karachi’s public transport en 2026-08-05 Azma’s makes humorous remark on Karachi’s public transport https://www.brecorder.com/news/40433335/sindh-to-launch-ev-taxi-service-double-decker-buses Sindh to launch EV-taxi service, double-decker buses en 2026-08-05 Sindh to launch EV-taxi service, double-decker buses https://www.brecorder.com/news/40433332/yen-slips-but-fall-limited-by-recent-intervention Yen slips but fall limited by recent intervention en 2026-08-05 Yen slips but fall limited by recent intervention https://www.brecorder.com/news/40433331/indonesian-shares-outperform-southeast-asia-peers Indonesian shares outperform Southeast Asia peers en 2026-08-05 Indonesian shares outperform Southeast Asia peers https://www.brecorder.com/news/40433330/sampp-500-dow-hit-record-highs-on-ai-linked-earnings S&P 500, Dow hit record highs on AI-linked earnings en 2026-08-05 S&P 500, Dow hit record highs on AI-linked earnings https://www.brecorder.com/news/40433329/china-stocks-rise-as-ai-chip-shares-rebound China stocks rise as AI, chip shares rebound en 2026-08-05 China stocks rise as AI, chip shares rebound https://www.brecorder.com/news/40433328/out-of-school-children Out-of-school children en 2026-08-05 Out-of-school children https://www.brecorder.com/news/40433327/ubl-bags-seven-prestigious-international-awards-in-2026 UBL bags seven prestigious international awards in 2026 en 2026-08-05 UBL bags seven prestigious international awards in 2026 https://www.brecorder.com/news/40433326/hbl-declares-h126-profit-before-tax-of-rs731bn HBL declares H1’26 profit before tax of Rs73.1bn en 2026-08-05 HBL declares H1’26 profit before tax of Rs73.1bn https://www.brecorder.com/news/40433325/ex-mill-wheat-flour-price-reduced-in-karachi Ex-mill wheat flour price reduced in Karachi en 2026-08-05 Ex-mill wheat flour price reduced in Karachi https://www.brecorder.com/news/40433324/reap-team-in-uk-to-strengthen-countrys-presence-in-key-market REAP team in UK to strengthen country’s presence in key market en 2026-08-05 REAP team in UK to strengthen country’s presence in key market https://www.brecorder.com/news/40433323/the-cost-nobody-budgets-for The cost nobody budgets for en 2026-08-05 The cost nobody budgets for https://www.brecorder.com/news/40433322/us-natural-gas-futures-fall-on-weaker-oil-milder-weather-forecasts US natural gas futures fall on weaker oil, milder weather forecasts en 2026-08-05 US natural gas futures fall on weaker oil, milder weather forecasts https://www.brecorder.com/news/40433321/vietnam-rice-group-proposes-export-price-floor-to-shield-farmers-exporters Vietnam rice group proposes export price floor to shield farmers, exporters en 2026-08-05 Vietnam rice group proposes export price floor to shield farmers, exporters https://www.brecorder.com/news/40433320/copper-hits-two-month-high-above-usd14000-as-inventories-dip Copper hits two-month high above USD14,000 as inventories dip en 2026-08-05 Copper hits two-month high above USD14,000 as inventories dip