Stories from Salman Sidiqui
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Country incurs Rs100b loss due to power breakdown
Textile industry alone booked a loss of Rs7-8 billion
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SBP’s ‘outdated’ data raises questions
Central bank cites pre-flooding projections in annual report
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PSX dives 900 points after surprise interest rate hike
Market takes a beating on Monday morning after SBP raised interest rate on Friday
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SBP chief assures Sukuk repayment on schedule
Central Bank governor says forex reserves will not take a hit from the debt repayment
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Risk of default spikes to 13-year high of 52.8%
Development reflects foreign investors’ lack of faith in country
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Moody’s downgrades Pakistan’s credit rating
Global agency lowers benchmark to ‘Caa1’ from ‘B3’
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Rupee continues slide, plunges to 204 against USD
Downward trend observed following delays in IMF bailout package; stocks fall by over 700 points
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Rupee drops to two-week low of 200.51 against USD
Sudden slump comes amid global rise in fuel prices
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Rupee slumps to new record low
Free-fall continues for 7th consecutive day; currency dips below Rs194 vs dollar
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Economy to face further pressure
US rate hike, rising global oil prices to pull down rupee, increase import bill