Gold prices in Pakistan have largely shrugged off international market trends largely due to the rupee’s devaluation against the US… Read More
Default Concerns Resurface, But Will They Persist This Time?
Did someone say “default” again? Two of the three major US credit rating agencies — Moody’s and Fitch Ratings —… Read More
Markets Groove to FATF Decision
It’s official – the Financial Action Task Force (FATF) has taken Pakistan off the so-called grey list, with associated benefits… Read More
Petroleum Levy Hike Surprising for Consumers, Reassuring for Markets
The government’s decision to maintain petrol prices on Oct. 15 caught consumers off guard, especially as many hoped the rupee’s… Read More
Testing Times for ‘Darnomics’ as Dollar Strength, Floods Pose Headwinds
Ishaq Dar is back as Finance Minister, vowing to rescue an economy that’s been grappling with decades-high inflation, dwindling reserves,… Read More
Oil, Stronger Dollar and PDL – A Love Triangle
Pakistani consumers — battered by red-hot inflation — have cheered a sustained decline in Brent crude oil in recent months,… Read More
IMF Tight-Lipped on Floods, But Could Pakistan Expect Some Favors?
After months of back-and-forth between Islamabad and Washington, DC, Pakistan has finally clinched a $1.1 billion bailout package with the… Read More