US
Exports may suffer moderately as countries across the globe move to soften lockdown
Centre and provinces fail to divert welfare fund for paying wages
PSX aims to restore investors’ confidence, mobilise new investment
Currency depreciates in wake of surge in dollar demand, sluggish inflows
Decline comes ahead of expected 0.1-1.5% contraction in economy
Experts predict SBP may slash interest rate by another 100-300bps
Move follows aggressive cut in interest rate by central bank
Gap narrows to just $6m in March due to fall in imports amid Covid-19
Moody’s says Pakistan’s GDP growth will shrink by 0.1-0.5% in FY20
State Bank of Pakistan believes it will strengthen financial institutions’ capacity to absorb losses