Tag: Pakistani rupee
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Oil and Pakistan
By Major (R) Haroon Rasheed, a Defense and Strategic Analyst specializing in South Asian military dynamics, deterrence strategy, and defense modernization, and a member of the Research and Evaluation Cell for Advancing Basic Amenities and Development. We have already indicated that if this war drags on for more than 2-3 months, its implications for Pakistan…
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PSX Continues Rise, 100-Index Climbs to 151,215 Points
KARACHI – August 21, 2025: The Pakistan Stock Exchange (PSX) maintained its positive momentum on Thursday, with the benchmark KSE-100 Index reaching a new high. At the start of the trading session, the index gained 389 points, pushing it to 151,215 points — the highest level recorded so far. Market analysts attribute the rally to investor…
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Growing Oil Prices and Their Impact on Pakistan’s Economy
This article is written by Major (r) Haroon Rasheed. As geopolitical tensions in the Middle East continue to rise, the economic ripple effects are beginning to reach far beyond the conflict zone. The ongoing war between Israel and Iran, now entering its second week, has already caused significant volatility in global oil markets—posing a serious…
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Fitch speculates Pakistani Rupee to further weaken in 2022
Fitch Ratings reviewed its previous estimates for the Pakistani rupee on Thursday for both this year and next due to the mounding factors, including an expanded progression of U.S. dollars into Pakistan’s neighbor, Afghanistan. Fitch’s figure for the rupee’s normal rate this year is currently 164 to the U.S. dollar in comparison with the 158…
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Rupee gains 04 paisas against US dollar
ISLAMABAD, Feb 22 (APP):The exchange rate of Pakistani rupee strengthened by 04 paisas against the US dollar in the interbank trading on Monday and closed at Rs159.06 as compared to the previous day’s closing of Rs159.10. Meanwhile, according to Forex Association of Pakistan, the buying and selling rates of dollar in the open market were…