KARACHI: The bears made a return on Wednesday at the Pakistan Stock Exchange (PSX), as the benchmark KSE-100 index took another beating and lost almost 300 points. Investor confidence was shaken by…
Tag: Inflation
IMF Deal to Stabilize the PKR, but Significant inflation Increases Expected
The new agreement that was reached with the International Monetary Fund (IMF) ought to play a significant part in maintaining the stability of forex reserves and have a favorable effect on the…
Prime Minister launches a Rs120 billion subsidy plan in response to rising Inflation
On Wednesday, Prime Minister Imran Khan stated that Pakistan’s inflation rate stayed at 9% this year, whereas inflation rates in other nations surged by up to 50%. “The media and the opposition…
Gold sustains rise on Inflation, dollar falls
Concerns about uncertain economic conditions raised gold prices on Saturday, prompting a flight from riskier commodities to safer ones. Gold prices in the local bullion market rose by Rs1,600 per tola and…
Govt should set everything and concentrate on lowering inflation: Jahangir Tareen
Estranged PTI leader, Jahangir Khan Tareen, on Monday, criticised the federal government and said that it should keep everything aside and focus on reducing inflation. Speaking to the media in Kahror Pakka tehsil…