Stories from Salman Siddiqui
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Market watch: Stocks battered as index plummets over 1,300 points
Benchmark index decreases 3.3% to settle at 39,160.60
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Pakistan needs to become urban industrial society
Sweden’s asset manager invests $100 million in Pakistani companies
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Rupee returns to inter-bank level after assurances of no more depreciation
Earlier, currency was sold in a wide range of Rs134-142 at retail counters
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IDEAS 2018: First-ever multipurpose battle vehicles launched
Pakistan joins hands with US firm to manufacture cargo vessels
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Navy to get eight new submarines
Half will be built in Pakistan, while the remaining in China
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Monetary policy: SBP hikes key interest rate by 150 basis points to 10%
Increase is in line with IMF’s demand to push rate into double digits
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Rupee closes at all-time low of 139.05 in inter-bank market
Earlier, currency had hit an intra-day record low of Rs144 to US dollar
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Market anticipates 1% hike in key interest rate
State Bank of Pakistan is going to announce monetary policy today
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No need to do more, says ex-envoy to US
Riaz Khokhar urges maintaining ‘working ties’ with US, Russia, China
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Remove vulnerabilities to cybersecurity, SBP directs banks
Says banks will be liable to compensate consumers in case of loss due to security breach