Slumps to Rs1.08 by noon; cumulatively losing over Rs16 against greenback in two weeks

Moody’s points to huge demand for interest-free banking, high growth of Islamic banking

Delay in resumption of IMF loan programme has increased risk of default

Central bank decision coms as Miftah heads to talks with IMF

Move will counter high inflation, surge in energy prices after subsidy withdrawal

Foreigners inject 4-month high capital in sectors like power, banks, electronics

Rise in remittances, fall in imports restrict the deficit to $623m in April

Two oil and gas fields closed for annual maintenance

Expert says country badly needs resumption of IMF Package

Govt raises Rs300b through T-bills auction against target of Rs500b