On Friday, the dollar reached Rs150, was at Rs147 on Thursday and Rs144 on Wednesday.
The rupee is heading down a steep slope and has been termed Asia’s worst-performing currency. Analysts predict that the worst is not yet over. The rupee is expected to go through another bout of devaluation in the coming days when Pakistan gets the first credit tranche of the $6 billion loans from the IMF.
The Lahore police's decision to involve former federal minister Fawad Chaudhry in the investigation process…
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Prices of petroleum products are expected to decline in Pakistan in the next price review…
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