Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Declining Rupee puts stocks under pressure Islamabad: (Thursday, May 31, 2012) With the investors panicked by the sustained decline in Pakistani rupee versus US dollars, stocks at the main markets observed bearish trends and fell significantly. Explaining the phenomenon, investors said that the buyers were concerned by the depreciating rupee. Perhaps that was the reason […]
Rupee concedes against dollar Karachi: (Monday, January 23, 2012) pressurized by the deteriorated balance of payment and increasing import bill, the rupee, once again, ended up weaker against US dollar today. Compared to Friday’s closing rates of 90.18-23 in Karachi capital market, it stood for 90.21-26 on the first day of the week. Maintaining a […]
Pak Rupee has fell to its lowest value against the American Dollar last month but its most severe effects are yet to be faced by the general public. The experts have predicted a new wave of hyper inflation hitting the domestic consumers in the near future, with the prices of edible times rising to much […]
The State Bank of Pakistan, in an unexpected move on Saturday, October 8, slashed the discount rate by 1.5% (150 bps) in a bid to kick-start economic activity in the country. However, how far this move will help in facilitating the aim is still not certain. This cut, the biggest of its kind in over […]
Oil prices drop more than $3 a barrel – world oil and gas sector update Pakistan: Oil prices were seen falling more than $3 per barrel on Tuesday after a decision by Greece to call a referendum over its debt bailout threw the euro zone into crisis and as data showed global economic activity was […]
