Floods damage discussed with CEO ADB.
ISLAMABAD: Finance Minister Ishaq Dar has knowledgeable a delegation of the Asian Development Bank (ADB) Wednesday approximately the devastation because of floods in Pakistan and its effect at the us of...
Small sigh of relief for rupee on Friday
KARACHI: The rupee on Friday controlled to level a modest healing in opposition to the United States greenback after struggling losses withinside the closing 15 consecutive sessions.
The greenback misplaced simply six...
Rupee future remain uncertain.
Rupee traded just shy of 240/$, but was not able to breach that level. Rates in Peshawar & Kabul also slides. Some traders expect this is the ceiling for the Rupee....
SBP says ‘banks complicit in currency manipulation
ISLAMABAD: As the Pakistani forex examined a brand new rock bottom of Rs240 in opposition to the greenback in early buying and selling on Wednesday, us of a’s pinnacle policymakers...
UAE Central Bank Increase Rate by 75 basis points
UAE financial organisation Increase Rate by seventy five basis points admin-augafbyADMIN-AUGAFSeptember twenty two, 2022Reading Time: one min scan UAE financial organisation Increase Rate by 75 basis points UAE financial organisation Increase...
Dollar hits 20-year high vs euro as Fed hikes rates again
The euro to greenback ratio hit 0.9814 for the primary time due to the fact that October 2002, simply months after the forex have become the only criminal gentle of 12...
Cash-Strapped Pakistan Struggles to Keep China Happy
The Pakistani authorities has another time promised to begin making bills to China’s impartial electricity manufacturers (IPPs) installation below the China-Pakistan Economic Corridor (CPEC). It has additionally introduced the finalization of...
Friendly nations find trade deficit off-putting: Miftah
LAHORE: government minister Miftah Ismail disclosed on Sabbatum that “none of the friendly countries is prepared to moneyly support Pakistan” as a result of it “has associate degree unbalanced economy”, caused...
Pakistan financial crisis just not ending
ISLAMABAD:
Pakistan’s monetary woes won't ease quickly because the World Bank has indicated that it can membership the approval of coverage loans valuing at over $1 billion, with a view to require...
We may see another July like movement in PKR to USD.
We may be seeing a remake of July when Rupee crashed from 210 to 230 in a matter of days. The only difference is that then it was the interbank market...
