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PKR Strengthens by Rs15 Against US Dollar in Interbank Market Following IMF Approval

PKR Strengthens by Rs15 Against US Dollar in Interbank Market Following IMF Approval
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Khurram schehzadZafar parachaKomal mansoorForex association of pakistanInternational monetary fundForex associationAlpha beta coreGlobal director saadStandby agreementState bank

Pakistani rupee gains Rs15 against US dollar in interbank after IMF loan nod

The Pakistani rupee experienced a significant gain of Rs15 against the US dollar in the interbank market on Tuesday following the country's successful acquisition of last-minute funding from the International Monetary Fund (IMF), reports the Dawn. As reported by the Forex Association of Pakistan, the local currency appreciated by Rs15 and was being traded at Rs271 around 10am.

Khurram schehzadKomal mansoorForex association of pakistanInternational monetary fundForex associationAlpha beta coreStandby agreementState bank

Govt s debt-driven budget draws criticism ahead of elections

Experts argue that rather than implementing measures to increase tax-base, the govt has chosen to burden already overtaxed corporate sector

Khurram schehzadMuhammad sohailM abdul aleemFahad raufInvestors chamberHead of research at ismail iqbal securitiesInternational monetary fundArif habibHead of research tahir abbasHabib limitedResearch tahir abbasIsmail iqbal securitiesSecretary generalAlpha beta coreTopline securities

Economic Survey 2022-23: Pakistan ranks second most financially attractive location for outsourcing IT services - Business & Finance

In a first, government includes IT and telecommunication sectors in the document

United statesUnited kingdomKhurram schehzadPakistan software export boardKearney global services location indexInternational labor organizationNational incubation centresInformation technology enabled services iteEconomic surveyBusiness recorderAlpha beta coreGlobal services location indexInformation technology enabled servicesFlagship reportEconomic survey 2022 23Ites export

UAE firm acquires majority stakes in ZIL Ltd

NFCI completed its FDI by acquiring 84.84% shares valued at $6 million

Khurram schehzadCobus van rooijenPakistan stock exchangeConsumer internationalZulfiqar industries limitedExpress tribuneManaging directorAlpha beta core

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