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Saturday, April 27, 2024
TopicPakistani rupee

Topic: Pakistani rupee

Pakistan’s new Finance Minister Ishaq Dar is known for propping up currency in earlier stints

Dar, 72, is a chartered accountant who had served as finance minister thrice in the past. He faces the daunting task of stabilising Pakistan's economy which has been in a tailspin.

Balakot, economic crisis, IMF deal batter Pakistan rupee as it falls 16% to 160/$ since Feb

Pakistan rupee depreciated by 50% in Dec 2017-July 2019. With forex reserves left for one-and-a-half months of imports, Pakistan faces balance of payments crisis.

Pakistan stock market, currency reel after it seals 13th IMF bailout since 1980s

The Pakistan central bank is due to meet Monday to decide on monetary policy, with economists expecting a seventh straight hike in interest rates.

Pakistani rupee sinks to new low of 150/dollar as IMF bailout conditions begin to bite

Pakistan’s economy is on the brink of collapse, and the IMF sanctioned a $6 billion loan last week on the condition that the rupee be left to perform freely.

On Camera

Indira, Manmohan, Modi, all raised income inequality. Until Hindu fears took the driving seat

The issue of inequality has assumed the blazing limelight at a time when inequality in India is said to be higher than it was in the British Raj. It's a ripe situation for half-truths and incendiary statements.

Foreign policy resonating among more Indians in 2nd & 3rd tier towns of India, says EAM Jaishankar

Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.