Stories from Salman Siddiqui
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Dar defends policies, blames IMF for crisis
Says devaluation is the mother of all economic problems
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Economist sees imminent default without IMF
Says govt cannot generate additional tax revenue in current testing times
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UAE firm acquires majority stakes in ZIL Ltd
NFCI completed its FDI by acquiring 84.84% shares valued at $6 million
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Investors opt for gold, dollars amid crisis
High inflation, rupee devaluation drive investors towards other safe havens
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SBP injects record Rs3.58tr into banks
Supply made for an unusually extended period of 77 days to overcome liquidity crunch
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Record recovery: Rupee surges 9.5% against dollar
Bostan attributes correction to SBP’s decision to allow banks to buy dollars from interbank
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Rupee recovers sharply in open-market trade against USD
Recovering by 5.5% Pakistani currency drops to Rs295 against US dollar in open-market
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Engro Polymer delays hydrogen peroxide project
Attributes delay to import challenges, foreign exchange crisis
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Rupee to fall as IMF urges market rate
Gap in exchange rate between interbank and open market has widened to record Rs27
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Cashless banking surges
Number of transactions via e-banking increased 4.3%, reaching 535 million