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Pak rupee under pressure since Taliban takeover of Afghanistan

The Pakistani rupee has hit a new all-time low as some analysts see the regime change in Afghanistan weighing on the rupee as well, apart from domestic factors, The News reported. ....

Muhammad Awais Ashraf , Foundation Securities , State Bank , முஹம்மது ஆவிஸ் அஷ்ரஃப் , அடித்தளம் பத்திரங்கள் , நிலை வங்கி ,

Pak rupee under pressure since Taliban takeover of Afghanistan

Pak rupee under pressure since Taliban takeover of Afghanistan
prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.

New Delhi , Khurram Schehzad , Muhammad Awais Ashraf , Foundation Securities , Alpha Beta , State Bank , புதியது டெல்ஹி , முஹம்மது ஆவிஸ் அஷ்ரஃப் , அடித்தளம் பத்திரங்கள் , ஆல்பா பீட்டா , நிலை வங்கி ,

Stocks lose 257 points on geopolitical tensions - Newspaper


KARACHI: The stock market started the trading week on a bearish note. The KSE-100 index oscillated between the intraday high and low by 53 and 311 points evidencing investors’ lack of interest in equity trading. The index fell 257 points, or 0.54 per cent, to close at 47,429.
Awais Ashraf, Head of Research at Foundation Securities, said that the commercial banks came under heavy pressure after the Finance Bill 2021 disclosed ‘incremental profit on government securities to be taxed at 37.5pc,” which was initially not included in the budget this year.
Other than that investors were spooked with the simmering tensions with the US, which they thought could impact both the ongoing negotiations with the IMF and Pakistan’s later exit from the FATF. Other analysts also complained of lack of positive triggers; the resurfacing of political anxiety due to the reawakening of opposition PDM and the abrupt withdrawal of US forces from Afghanistan raised security concerns for th ....

Awais Ashraf , Engro Corp , Head Of Research At Foundation Securities , Foundation Securities , Finance Bill , Lucky Cement , ஆவிஸ் அஷ்ரஃப் , அடித்தளம் பத்திரங்கள் , நிதி ர சி து , அதிர்ஷ்டசாலி சிமென்ட் ,