Global agency lowers benchmark to ‘Caa1’ from ‘B3’

Downward trend observed following delays in IMF bailout package; stocks fall by over 700 points

Sudden slump comes amid global rise in fuel prices

Free-fall continues for 7th consecutive day; currency dips below Rs194 vs dollar

US rate hike, rising global oil prices to pull down rupee, increase import bill

Speakers at event say economic flaws built over past 75 years continue to exist

Baqir emphasised need for close cooperation among banks, SBP, FIA

Hints at maintaining rate at current level in its next monetary policy statement

Decline puts big question mark over investment climate in country

PM thanks overseas Pakistanis for overwhelming response