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Trader's Guide to Pakistan Elections Ahead of Crucial IMF Deal

Trader's Guide to Pakistan Elections Ahead of Crucial IMF Deal
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Most of startup investments never land in Pakistan

KARACHI: Pakistani startups attracted investment worth over $350 million in the last and $189 million in this fiscal year; however, most of that capital never landed in the country, as the venture. ....

United Arab Emirates , Miftah Ismail , Khurram Schehzad , Adnan Sami Sheikh , Pak Kuwait Investment Company , Minister Miftah Ismail , Sami Sheikh , Kuwait Investment Company , Alpha Beta Core ,

Pakistan's November exports jump 33% to record high

Adviser to Prime Minister of Pakistan for Commerce and Investment Abdul Razak Dawood has announced Wednesday that Pakistan’s exports increased to a record high of $2.9 billion in November this year. It is a 33% YoY increase as the country exported goods and services $2.174 billion worth in November 2020. The adviser posted the latest figures on Twitter and said the data on imports will be shared “shortly”. We are glad to inform that 🇵🇰 Pakistan’s exports during Nov 2021 increased by 🔼 33% to a historic monthly high of USD 2.903 billion as compared to USD 2.174 billion during the corresponding period last year. Our target for the month was USD 2.6 billion. Abdul Razak Dawood (@razak. ....

Abdul Razak Dawood , Adnan Sami Sheikh , Raza Jafari , Prime Minister , Investment Abdul Razak Dawood ,

PSX gains 900 points as international oil prices decrease

The Pakistan Stock Exchange’s benchmark KSE-100 index was trading at 45,054 points Monday afternoon. The market saw a positive change last week too after a continuous decline. The index increased by more than 300 points. On November 29, analyst Raza Jafari told SAMAA Digital that the index rose by over 2%. “The monetary policy announcement last week, which revealed an increase in interest rates, sent the PSX tumbling,” he pointed out. On November 19, the State Bank of Pakistan increased the interest rate by an incredible 150 basis points to 8.75%. The decision was aimed at controlling the rising inflation in the country. Soon after the news broke out, traders expressed reserva. ....

Shaukat Tarin , Adnan Sami Sheikh , Raza Jafari , Pakistan Stock Exchange , International Monetary Fund Programme , State Bank , Special Assistant , Finance Shaukat Tarin ,

Pakistan rupee slumps further against USD

Pakistan rupee has once again recorded a fall against the US dollar on Friday with the American currency rising by 94 paisas in the interbank market. ....

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