Stories from Omar Qureshi
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Robust remittances reported in October
Inflows stay high due to Govt, SBP measures to encourage use of formal channels
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How (un)safe is your data?
With everyone’s vital information now flowing through cyberspace, it is the general public that faces most of the risk
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Rupee falls on IMF bailout uncertainty
Loses 1.12 against dollar in inter-bank market
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Rupee decline persists, currency loses Rs1.39 in intra-day trading
Delay in approval of IMF tranche fuels fall in inter-bank market
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Dollar falls below Rs170 in intra-day trading
Saudi Arabia’s assistance to Pakistan driving sentiment in inter-bank market
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Is there any stopping the supply chain reaction?
Lockdowns, halting of production, drop in demand and blockage of trade routes have thrown supply chain into chaos
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Rupee rebounds after $4.2b Saudi support package
Local currency appreciates by by Rs2.49 against US dollar; gold plunges by Rs7,800 per tola
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Rupee falls further in inter-bank market
Closes at Rs174.43 vs dollar over lack of progress in IMF talks
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Rupee continues to weaken
Hits new all-time low at Rs173.96 in inter-bank market
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Current account deficit widens to $3.4b
High deficit due to rebound in economic activity, rising global commodity prices