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Tag: political uncertainty

Pakistan broad money supply
Business
  • Web Desk
  • Feb 21, 2024
Interbank closing: rupee gains 6.64 paisa

The Pakistani rupee witnessed a surge of 6.64 paisa against the US dollar (USD) during Wednesday’s interbank session, closing at PKR 279.5.

Pakistan Stock Exchange decline
Business
  • Web Desk
  • Feb 20, 2024
PSX ends day with modest 4.50 points gain

The benchmark KSE-100 index closed at 60,464, experiencing minimal changes after erasing an earlier gain of 1.3 per cent.

Fitch ratings Pakistan
Business
  • Web Desk
  • Feb 19, 2024
Fitch urges prompt action as Pakistan’s IMF SBA nears expiry

Fitch Ratings has warned that political uncertainty could complicate the country’s efforts to secure a new financing agreement with the IMF.

Pakistan Stock Market
Business
  • Web Desk
  • Feb 13, 2024
Stock market rebounds: KSE-100 closes 2.7% stronger after recent setback

Pakistan Stock Exchange (PSX) staged a robust recovery, concluding the session on a positive note following a two-day downturn.

Pakistan's debt to GDP ratio
Business
  • Web Desk
  • Feb 10, 2024
Political uncertainty triggers a significant drop in Pakistan’s dollar bonds

Pakistan’s dollar bonds due in 2051 experienced a significant decline, marking the most substantial decrease since July 2023.

Pakistani rupee value
Business
  • Web Desk
  • Oct 26, 2023
Experts believe Pakistani rupee’s current strength unlikely to last

Goldman Sachs Group Inc. is expressing concern about the recent rise in the value of the Pakistani rupee, suggesting that this increase might not last long.

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