Stories from Salman Siddiqui
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Rupee breaches 270 against USD as downward spiral continues
Rupee devalued by 7.5% to record-breaking low on third consecutive day of losing streak
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‘Hike in fuel price to jolt businesses, households’
Gas to increase by 75%, electricity by 25% in addition to taxes on businesses
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In free market, rupee depreciates beyond fair value
Weak currency to trigger hyperinflation, push economic growth to negative 1%
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Gold now over Rs200,000 a tola
Gamblers blamed for ‘playing gold market’, causing artificial increase in price
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Rupee losing streak continues
Currency sheds Rs7.17 to a dollar; gold breaches Rs200k mark
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Bitter-sweet pill: IMF’s ramifications
Average inflation reading is projected to be 25% for FY23, but will continue to rise
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Rupee in free-fall after Dar gives in
Govt allows free float of local currency in market
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‘IT policies hurting foreign investment’
SAP MD says firms not allowed to repatriate profits
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Dealers move to arrest rupee fall
ECAP decides to let currency depreciate gradually after rupee hits 252.5 to a dollar
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Cap on currency value to be removed
With effect from January 25, the rupee will be allowed to depreciate to its actual value against the dollar