The US dollar continued its surge against the rupee on Thursday, breaching the Rs189 barrier in the interbank trade, a trend that is largely attributed to the stalling of an International Monetary Fund( IMF) loan facility as well as rising imports. According to the Forex Association of Pakistan( FAP), the greenback appreciated by Rs3 over Wednesday's close of Rs186.13 to reach a new high of Rs189.25 in the interbank market today. Earlier on Wednesday, the dollar had closed 90 paisa up from Tuesd

political turmoil since a student-led revolt forced then-prime minister Sheikh Hasina to flee in

Ebaid Ahmed via REUTERS Below is a timeline of the country’s political upheavals: Dec

PUTRAJAYA: Non-governmental organisations are demanding that politicians put an end to political

Laden never managed.... In hindsight, however, the attacks heralded the dawn of an era of political

KARACHI: An ongoing political crisis at home is putting pressure on the external economic front, as

European Union accession. The European Union country now faces a new round of political turmoil and

KUALA LUMPUR: Investors fled the stock market on Wednesday on news that the ruling coalition had lost the support of its largest party ally.... While glove maker Hartalega managed to eke out gains earlier in the day on the strength of its previously announced quarterly results, its stock price flattened out by midday to end unchanged at RM6.80.... Genting Malaysia was the other FBM KLCI counter end the morning unchanged at RM2.71....

KARACHI: Growing uncertainties amid renewed calls by lawmakers seeking a delay in general elections kept fuelling investor nervousness and overshadowed positive developments on the economic front in the outgoing week.... This approval is expected to provide crucial economic stabilisation to the country. Furthermore, the remittances for December 2023 reached$ 2. 4bn, reflecting a substantial 13 per cent year-on-year and 5pc month-on-month increase.... A successful rollover would improve SBP’s f

.... " I think if politics continue like this, the economy won't be able to move forward." REUTERS....