Cryptocurrency
Crypto currencies have been around for more than a decade now. Frequent fluctuations in their values during this time describe their nature - volatile, for sure. Crypto currency has always…
Foreign currency requirement for taming inflation
In the year 2016 an operational limit to the debt-ceiling was introduced whereby the annual federal deficit (excluding grants) was not to exceed 4% of GDP over the period FY2018-21…
Pakistani rupee: a wayward currency
Hard currencies like the US dollar, Euro, pound, are independent free floats, and their value contingent on demand and supply which may fluctuate daily. However monetary authorities, be it a…
Is PKR only currency under duress?
The market has recently seen a decline in the value of PKR in relation to USD. This has been happening non-stop for the past few weeks. Around $7.5 billion is…
Eccentric currency market reforms
September 2023 holds some significant importance for Pakistan, marked by a series of notable events. In the first week of this month, we witnessed unusual and rapid surge in the…
Asia’s worries over currency volatility get in the way of rate cuts
A spurt in the US dollar and China’s defence of the yuan are forcing Asian central banks to step up interventions in their weakening currencies, and one clear casualty is…
The BRICS’s creeping ‘gold currency’
It’s a shame that market pundits have been busy scandalising JP Morgan’s involvement with the late, notorious sex trafficker Jeffery Epstein — especially after a US judge’s approval late last…
Iraq’s currency in flux as foreign transfers come under scrutiny
Iraq’s local currency has been on a two-month rollercoaster ride following a tightening of procedures for international transfers, with some blaming Washington for the dinar’s woes. While the official exchange…
How to deal with Pakistan’s forthcoming currency crisis
“There are no solutions. There are only trade-offs.” ? Thomas Sowell Nomura has warned that Pakistan faces currency crisis danger. How should Pakistan deal with a potential currency crisis -…
Currency controls
A two-day Corps Commanders’ Conference was held at the GHQ from December 27 to December 28. On December 29, the PM met the COAS. On December 30, a meeting of…
