Stories from Salman Siddiqui
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Over a dozen REIT to be listed on PSX
Listing will allow real estate investment trusts to raise financing for projects
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Banks give Rs298b financing in PIB auction
Rate of return inches down to around 14% on long-term bonds
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Rupee makes highest single day gain of Rs9.98 vs dollar
Local currency rebounds on improved economic fundamentals
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Expatriates can open business account
Businesses having majority shareholding by non-resident Pakistanis allowed to invest in govt securities
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Oil demand slumps for 2nd month in a row
Consumption declines on back of monsoon rains, sharp rise in prices
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Energy imports anticipated to grow
Country will rely on imported energy as demand and production gap widens
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SBP mulls revising NPC profit
At present, rate of return is 9.5-11% on Naya Pakistan Certificates
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No let-up in rupee’s slide
Currency falls to fresh record low at Rs239.94; gold price surges record 7%
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Rupee's downward spiral continues, inter-bank rate at Rs242
The currency has plunged almost 15% (or Rs31.31) during the past 10 working days
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Current account deficit soars
Gap widens to second highest level at $17.4b due to surging imports