Stories from Salman Siddiqui
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Dollar buying and selling spread goes as high as Rs13 in open market
Some dealers buy greenback for as low as Rs115, sell it for Rs126
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Rupee appreciates against US dollar in open- and inter-bank markets
Strong rumours of further rise in the offing come Monday
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PTI sets tough economic tasks for next five years
Manifesto says it will create 10m jobs, 5m houses and raise revenue receipts
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Smuggled goods account for 59% demand across major sectors
Customs department report reveals alarming statistics for Pakistan
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At PSX, money may have been lost, but not hope
Experts and analysts expect KSE-100 Index to recover in post-election period
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Energy imports increase to 23.7% amid rupee depreciation, oil price hike
Share of energy in Pakistan’s total import bill was 20.64% in FY17
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Long-term solutions needed to boost faltering economy
These include rapid industrialisation, sharp increase in exports and skill development
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Dutch firm takes 29% stake in Engro’s Elengy Terminal for $38m
Engro will reinvest sale proceeds with focus on agriculture, renewable energy and technology
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Pakistan’s current account deficit peaks at $17.99b
Widening gap has given birth to import payment and debt repayment crisis
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Pakistan set to offer subsidised mortgage financing
Loan up to Rs2m to be offered for properties valued up to Rs2.5m