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IMF boosts rupee, Eurobonds rally, and gold prices decline
Gains 3.83%, equivalent to Rs10.55, in a single day – largest increase in 7 weeks
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POL demand hits 17-year low as prices soar
Marks 27% YoY decline in FY23, lowest sales numbers for OMCs since FY06
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IMF boosts rupee, Eurobonds rally, and gold prices decline
Rupee gains 3.83%, equivalent to Rs10.55, in a single day—the largest increase in 7 weeks
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IMF deal charts path to economic recovery
Equities bullish, rupee stages comeback
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IMF deal boosts investor confidence
10-year Pak Eurobond gains 2.75%, or $2, to reach 74.3 cents on the dollar
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PSX surges 5.38% after Pakistan secures IMF lifeline
Benchmark spikes to 43,684 points in opening moment at 9:31 am
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With IMF’s lifeline, Eurobonds surge in global market
Stocks and rupee expected to soar when markets open next week
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PSX shows signs of recovery amidst economic struggles
Offsets losses to negligible 0.20% decline, closing at 41,453 points on Tuesday
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Driven by debt challenges, rupee plunges to historic low
Value drops 28% (Rs81) in FY23, with projections of further losses in FY24
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Economy rocks as SBP raises interest rates again
Business community criticises govt for ‘mishandling’ economy only to revive IMF