Posts tagged as: decline

Qaim Ali Shah expresses concerns over decrease in Sindh Votes

Sukkur: (Friday, August 03, 2012) Chief Minister Sindh, Syed Qaim Ali Shah has expressed his reservations over the reduction of votes in the province according to the new voters list issued by the Election Commission of Pakistan. Qaim, who was talking to the journalists at Sukkur airport, said that he was astonished as to how […]

Foreign Exchange reserves declines further to $ 14,575 bn

Karachi: (Friday, August 03, 2012) Pakistan’s foreign exchange reserves, that have lately been on declining end, have gone further down by $ 198 million to about $ 14,575 billion as on July 27, 2012 on foreign payments. According to the sources at Pakistan State Bank of Pakistan (SBP) on Thursday, the foreign exchange reserves held […]

Declining Rupee puts stocks under pressure

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 […]

Gradual decline of sports in Pakistan

Gradual decline of sports in Pakistan In Pakistan, a country that had a rich culture of sports in the recent past, is losing its status in this field at international level, which is quite alarming and will have a greater impact on the future of games in every corner of the country. In 1994, Pakistan […]

Pakistan’s foreign exchange reserves fall to $ 16.34bn

Pakistan’s foreign exchange reserves fall to $ 16.34bn Karachi: (Thursday, March 08, 2012) According to the State Bank of Pakistan, on the week ending on March 2, Pakistan’s foreign exchange reserves fell  from US $ 16.42 billion to $ 16.34 billion. From earlier reserves of $ 12.06 billion, the foreign exchange held by State Bank […]

Economy on a declining route; foreign direct investment to decline by 27-percent – SBP

Economy on a declining route; foreign direct investment to decline by 27-percent – SBP Karachi, Saturday, December 24, 2011: Foreign Direct Investment (FDI) in Pakistan has drastically fallen in last five months (July-November). As per the stats released by the State Bank of Pakistan, the reported decline in the FDI stands at 27%. Some of […]

Retailers not carving up the price relief with customers

Retailers not carving up the price relief with customers Despite of fall in the prices of pulses and sugar in the local whole sale market (Dandia Bazaar) in Karachi, the retailers are not willing to pass on the relief to the consumers. A persistent decline in the sugar prices has been observed in the sugar […]

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