Stories from Salman Siddiqui
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Rupee loses ground in open market, SBP calls ‘emergency’ meeting
Panic buying pushed currency down to Rs118.5 in intra-day trading
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Current account deficit increases and so do Pakistan’s worries
Amounts to $12.03 billion in nine months of ongoing fiscal year
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Pakistan to launch dollar-based savings certificates for overseas residents
Offer will help stabilise dwindling foreign currency reserves with expected investment of up to $1b
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FDI reduces to $153 million ahead of elections
Amount in March lowest among all months of current fiscal year
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Protection of Economic Reforms Act: Change in law to bring down demand for US dollar
It will also help ease pressure on current account, reduce trade deficit
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Long overdue: PSX elects seven directors without contest
Four directors represent the Chinese consortium that has 40% stake in the bourse
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Remittances touch seven-month high at $1.77 billion in March
Saudi Arabia remained largest source with $427.62 million
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Pakistan’s external debt grows at fastest pace in four years
Country acquires $6.9 billion in foreign loans in 2017
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SBP’s second quarter report: Pakistan’s economic growth to eclipse last year’s reading
Will, however, stay short of 6% target; risks to macroeconomic stability rise
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Ghandhara Nissan rolls out locally-assembled one-ton pickup
It was earlier being imported from China
