Sanctions eroding USD’s global reach
History may hold US President Donald Trump responsible for undermining the pervasive influence of his country in several international agencies dating back to when the US was the sole superpower…
USD to PKR forecast for 2024 — II
However, in this circle, there is one loose end, which is the availability of $ in Dubai with the importer as the spare parts have been sold in Pakistani rupee…
USD to PKR forecast for 2024 — I
Studies, analyses, projections and estimations of exchange rates for any currency constitute the job of economists. They are trained and qualified people insofar as these subjects are concerned. Accountants, who…
Shift away from USD picking up the pace
The mighty US dollar that reigned supreme for several decades is witnessing a challenge to its dominance. There is a noticeable shift from US dollar to local currencies. So far, over 20…
Why the USD matters?
Whenever I meet clients and investors, the one discussion I always end up having, regardless of market conditions, is on currency markets. There are often strong views expressed about why…
USD-PKR parity—I
Noted rating agency recently predicted that USD/ Rupee parity will reach around Rs 180 to USD 1 by next year. Their prediction is based on the presumption that there is…
IMF concessions and tax deferral
The government is reluctant to give any concessions to the business community, whether reducing corporate tax or revising the super tax, due to the IMF programme. Our banking system is…
Tokenisation and its impact
Pakistan is considering the issuance of digital government bonds. This shift in the management of public debt promises several benefits, including faster settlement and lower risk. It facilitates auditing and…
We need our own blockchain infrastructure
Crypto has moved from the margins to the centre of public life. Over the past year, it has shown up in places it rarely used to: election speeches and mainstream…
This is Pakistan’s next frontier
I am 35 years old. That means I have lived through loadshedding summers, textbook shortages, the 2005 earthquake, the 2010 floods, terror attacks that emptied our streets and the quiet…
