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Aftab (Analysis) / 28 April 2013 Despite dark hints being dropped by multilateral financial institution about the Pakistani economy, why are the bourses booming and the rupee depreciating?...Within days, the Pakistani currency twice depreciated to as
The Indian rupee on Thursday bounced back by 25 paise to close at over one-month high level of 53.96 against U.S. dollar on a rally in local equities and fresh dollar selling by traders enthused by a lower trade deficit. A weak dollar overseas and a
The stock market remained lacklustre, in cautious trading on Monday. After rising by over 500 points last week, the market was taking a breather, dealers said. The KSE-100 index moved slightly up by 17.03 points to 18,653.06 points in hugely
The rupee today gained seven paise to 54.80 against the dollar in early trade at the Interbank Foreign Exchange on increased selling of the US currency by exporters. The local currency had lost 44 paise to hit one-month low of 54.87 a dollar
Mumbai, February 15, 2013 The Hindu The rupee on Friday fell by 30 paise to end at one-month low level of Rs...File photo The rupee on Friday fell by 30 paise to end at one-month low level of Rs. American currency on fag-end dollar demand from banks
Our hopes have been dashed and our lives are about to get much harder. Now that there seems to be no end to the downward spiral of the Pakistani rupee, we can look forward to more backbreaking costs, inflation and rising food and basic necessity
The Pakistani rupee on Monday sank to an all-time low against the US dollar over forex reserve fears as the country repaid $146 million to the International Monetary Fund. The rupee fell to 100.1 to the greenback in trading in Karachi, down from 99.
Pakistan share prices grew nearly 50 per cent last year in a staggering development that belies major problems in an economy where depleting foreign exchange reserves and turmoil could spell trouble in 2013. Pakistan share prices jumped nearly 50 per
Pakistani stocks closed lower on Wednesday amid concerns over political stability and weaker interest in energy stocks, dealers said. The Karachi Stock Exchange's (KSE) benchmark 100-share index ended 1.82 per cent, or 304.88 points, lower at 16,489.
Pakistani stocks closed lower on Monday, although the market gained 49 per cent during 2012 and crossed 17,000 points for the first time. The Karachi Stock Exchange's (KSE) benchmark 100-share index ended 0.22 per cent, or 37.86 points, lower at 16,