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A recalcitrant rupee!

The budget for the current fiscal year, reviewed and amended by the International Monetary Fund (IMF) as a prior condition for the staff level agreement (SLA) on the Stand-By Arrangement…

Sensing a city’s air quality

What happens when you sneeze? Your body’s natural response mechanism to the dust triggers in and the dust particles are pushed out of the body. The hair in our nose…

Reforming the forex policy

When Great Britain ruled British India, policy was made to serve the purpose of London. Objectives were elaborated there, based on the geopolitical/strategic circumstances of the time. Many British laws…

Trade conundrum: who is at fault?

The July 2023 trade data indicates an improvement in the trade deficit – from negative 1.863 billion dollars to negative 1.607 billion dollars, a positive trend that was touted by…

Rescue Pakistan?

An IMF-led rescue of Pakistan has averted a likely default on the country’s foreign debt repayments — but only for now. As Pakistan’s ruling elite this week eagerly celebrated a…

BRI: The road to progress (Part – II)

While the BRI has all the potential to become a huge success story, there are some factors that may hamper its progress. The geopolitical interpretations of the BRI fail to…

After the SBA

The recent standby agreement (SBA) with the IMF has created a wave of optimism among businesses and markets in Pakistan. The Pakistan Stock Exchange witnessed a remarkable milestone as the…