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Is exchange rate hurting exports?

The trade deficit elephant is in the room. The room is getting a tad tight, with the burly presence of the energy elephant, plus several baby elephants. More and more…

Exchange rate adjustment: a welcome step

For the past many months, we have been voicing our concerns that a rational exchange rate policy is missing that would address increasingly untenable state of external account. Mercifully, in…

Managing exchange rate volatility

With the new IMF program in place after early July 2019, SBP will be moving into an unchartered territory of determining nominal exchange rate through Real Effective Exchange Rate (REER)…

Exchange rate woes

It was an awkward spectacle when Prime Minister disclosed that he was not informed of the exchange rate (ER) adjustments except through the news media. On the first adjustment of…

Foreign investments in Pakistan

The two-day visit of Saudi Crown Prince Mohammad bin Salman has ended on a positive note - both on diplomatic and investment fronts. The extent of his visit is unprecedented…

Foreign To Policy

Foreign to policy

The first ten days or more of the Imran government are a lesson in how not to conduct foreign policy – on the hoof, in haste, for publicity, and then…