Tag: #RupeeDepreciation
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Dollar continued to rise, the rupee weakened
The trend of appreciation of the dollar against the rupee in the domestic exchange markets continued today. In the interbank exchange market, the dollar rose by 34 paise to close at Rs 165.96. In the open market, the dollar rose by 60 paise to Rs 166.90 Rupee further weakened, the value of the dollar exceeded…
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Pakistani Economy: The highs, lows & the need for action
This opinion has been shared by Muhammad Asim Siddiq. Pakistan’s economy has always been in turmoil. Although Pakistan inherited only a handful of institutions, at that time there was a viable administration that helped the Pakistani economy to reach a stable level by 1950. In the Korean War, Pakistani cotton, Pattsun earned a lot of…