sign of exchange rate stability, ” said Mr Mamsa. Published in Dawn, March 15th, 2025....

$ 1bn loan from the UAE by the end of this month, ” said Mr Mamsa of Tresmark. Published in Dawn, May

Most of the speculations remained around the general elections scheduled to be held on Feb 8. The rupee is expected to strengthen around Rs280 against the dollar in the interbank market.... From the price action last week, analysts are of the view that the central bank is supporting the Rs280 level and any time it trades below it may only be temporary.... So far the caretaker government has not paid attention towards the declining remittances despite making an effort to increase the foreign ex

Join our Whatsapp channel KARACHI: Bank advances sharply declined by Rs1. 589 trillion during the January to April period of the current fiscal year, despite a notable reduction in interest rates, while bank investments in government securities have surged significantly over the same period. According to the latest data from the State Bank of Pakistan( SBP), total advances dropped from Rs14. 727tr in January to Rs13. 138tr by April 2025 — an 11 per cent fall amounting to Rs1. 589tr. Advances, wh

Join our Whatsapp channel ON Nov 30, 2024, the world was jolted by a bold statement from US President-elect Donald Trump.... The dollar hit as high as Rs306 in the interbank market and Rs340 in the open market, fuelling economic instability.... The dramatic depreciation of the rupee in 2023 shook business confidence and led to an accelerating dollarisation of the economy.A parallel market for foreign currencies flourished in 2023, further exacerbating the situation....