Tag: political unrest
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Economic challenges await next govt as Pakistan votes
Pakistan is set to hold its national elections on Thursday, a crucial event for the country grappling with multiple crises.
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Pakistani rupee maintains upward trend for fourth consecutive day, closes at Rs285.15 against dollar
According to the State Bank of Pakistan (SBP), the Pakistani currency has maintained its upward trend against the US dollar for the fourth consecutive working day in the interbank market.
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Currency crisis alert: Pakistani rupee could drop to Rs350 against dollar without IMF assistance
The Pakistani rupee is poised to face a significant downfall, with expectations that it may plummet to as low as Rs350 against the US dollar. This alarming projection has raised concerns among stakeholders, as the weakening currency is anticipated to have far-reaching implications, particularly in terms of inflationary pressures that will disproportionately affect the lower…
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Gold price increases to Rs208,300 per tola as investors adopt cautious approach amid uncertainties
The price of gold in Pakistan soared by 2 per cent on Saturday, according to data from the All-Pakistan Sarafa Gems and Jewellers Association. The political unrest in the country has left investors uncertain about the economy, prompting them to seek safe-haven assets such as gold. The price of gold (24 carats) increased by Rs4,100…