US
SBP attributes no specific reason for rise
Moody’s warning, dwindling reserves exacerbate markets
Residential gas prices up 67%; subsidy to fertiliser plants goes; POL process rise up to Rs8.37
A $3b IMF programme runs out next month, securing a new one is considered top priority for incoming administration
IMF grants waiver after govt misses budget surplus target despite slowdown
KSE-100 index gains 161.61 points, settles at 61,226.92
Secretary finance warns that delay beyond Thursday could cost Pakistan IMF’s $1.2b tranche
Benchmark KSE-100 index dives 1,878.43 points, settles at 61,065.32
Cautions to expect the unexpected in wake of Covid-19 pandemic
Surge by 26% to reach $2.39b in January 2024, signalling confidence in economy