business news

Forum expresses interest in furthering investment in traditional, non-traditional sectors

The rupee had been on the downtrend since hitting 22-month high at Rs152.27 in May 2021

Central bank cites external debt repayment as reason for decrease

Says subsidy piling pressure on current account, foreign currency reserves

Decrease comes on back of external debt repayment

Govt asks finance ministry, SBP to review Bank of China’s proposal

Touches intra-day low at 202.9 in inter-bank market

Finance minister shoots down proposal, also refuses to raise tax on salaried class

Asks them to look for investment avenues in different sectors

Earnings down 78% from same period of last year