Growing exchange rate challenges

By Mohiuddin Aazim Published in DAWN on January 24, 2022 In six months and 20 days of the current fiscal year (between July 1, 2021, and Jan 20, 2022,) the rupee has lost 12 per cent value against the US dollar. On June 30 last year, the rupee closed at 157.54 per dollar in the interbank market; […]

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Govt revises up FY21 growth rate to 5.4pc, GDP to $347bn

By Mubarak Zeb Khan Published in DAWN on January 21, 2022 ISLAMABAD: The size and growth rate of Pakistan’s economy increased significantly during 2020-21, making it the second-highest economic growth recorded in the last three years of the incumbent government. As a result of the rebasing exercise, the growth rate improved from the earlier estimate of 3.94pc[…]