Domestic currency had experienced a sharp drop of 1.16% reaching a one-week low at Rs280.29 per US dollar yesterday
Rupee-dollar rate, coal prices, RLNG cost major factors that determine capacity payments
IMF assumption suggests average exchange rate to hover around Rs305 by June 2024
Analyst says improvement in country's political situation buoyed business sentiment in interbank market
Local currency has dropped 16.5% since the artificial cap was removed last week
Former finance denies reports of new political party; says won’t take part in electoral politics in the future
Move expected to pave way for revival of IMF loan programme
Panic in the market is primarily due to political turmoil, which will subside in a few days: Miftah
Pakistan is expected to receive around $1.2 billion in the next loan tranche from the IMF
Finance minister says China visit going 'very successful', good news for economy expected