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Pakistani central bank voices concern over rising value of USD - Xinhua

ISLAMABAD, April 23 (Xinhua) -- The State Bank of Pakistan (SBP) on Monday voiced its concerns over the surmounting value of U.S. dollar against Pakistani rupee in the open market. The central bank officials held a meeting with the owners of foreign ... Leggi

Miftah says no 'further need' for rupee devaluation - Geo News, Pakistan

WASHINGTON: The Pakistani rupee will not be devalued any further, the Adviser to the Prime Minister on Finance, Revenue and Economic Affairs, said early Saturday morning, reiterating his comments from last month when he said the currency would "remain ... Leggi

Guess what! TCS alone is bigger than total m-cap of all listed stocks in Pakistan - Economic Times

Bigger than Pakistan Stock exchange. Yes, at dollar-Pakistani rupee exchange rate of 116.04 , the 559 stocks listed on Pakistan Stock Exchange amounted to $80 billion (or 9,32,5,89 crore Pakistani rupee) as of April 19. TCS' $100 billion market value ... Leggi

Pakistani Rupee Loses Value Against USD - TOLOnews

Afghanistan Central Bank (ACB) said Sunday that due to economic and financial problems in Pakistan, the International Monetary Fund (IMF) has announced that Pakistani Rupees will lose value against the USD. ADB spokesman Aimal Hashoor said people who ... Leggi

Pakistan looks to expatriates and China to stave off crisis - Financial Times

Pakistan has stepped up efforts to stave off a foreign exchange crisis, through plans to raise hundreds of millions of dollars both from Pakistani expatriates and wealthy Chinese investors, top officials have told the Financial Times. Islamabad has ...altro » Leggi

Pakistan to raise two-month interest rate - Xinhua

ISLAMABAD, March 29 (Xinhua) -- The State Bank of Pakistan (SBP) will announce an increase of its key discount rate for the next two months on Friday. Stock market experts told Xinhua on Thursday that the Pakistani central bank is likely to add 25-50 ...altro » Leggi

Rs118.30/dollar: SBP warns speculators as rupee hits all-time low in open market - The News International (blog)

KARACHI: The central bank on Monday warned dealers against betting on depreciation of rupee, asking them to strengthen the embattled local currency as ample liquidity is available in the open market to meet foreign exchange demand. Executive Director ... Leggi

A Difficult Year Ahead For Pakistan - Seeking Alpha

For the third time in nine months, the State Bank of Pakistan eased its currency support in late March, allowing the rupee to depreciate by 4.6% in a single day to cross PKR 115.5 against the US dollar, after gross official foreign-exchange reserves ...altro » Leggi

Nawaz concerned over 'curbs on freedom of media and speech' - Samaa Web Desk

Pakistan's foreign exchange reserves have gone done after Supreme Court's decision; he said while pointing at apex court's back-to-back decisions that disqualified him as PM first, barred him for leading his political and he was disqualified for life ...altro » Leggi

Lodhi concerned over devaluation of rupee - The Nation

LAHORE - Chairman Pakistan Awami Tehreek-e- Inqilab Prof. Aftab Lodhi has expressed deep concern over the sudden increase in value of dollar against Pakistani Rupee by Money Mafia. In press statement, Prof. Aftab Lodhi said that the Pakistani Rupee ...altro » Leggi