Currency decline
Published in Dawn, October 02, 2021 FITCH’S downward revision of its forecast for the rupee illustrates that the global rating agency doesn’t expect the economic and geopolitical factors that are putting pressure on the home currency to dissipate soon. Citing factors such as the worsening trade balance, a tighter US […]
In the face of unprecedented challenges, humanity is on the move
Published in National Geo Graphic on September 29, 2021 Singapore As diplomats and negotiators from around the world prepare to gather in Glasgow, Scotland, in November for the United Nations Climate Change Conference, governments and industries are getting more serious about reducing carbon emissions and decarbonizing key sectors of the[…]
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SepCartel dreams
By Asad Rahim Khan Published in Dawn on September 28, 2021 OUR story starts in the spring of ’68, in the 10th year of our field marshal Ayub, when economist Mahbub-ul-Haq made a speech in Karachi. Less than two dozen industrial groups had become “the ministry of finance for the[…]
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SepPak rupee – not out of the woods yet
By Faraz Ahmed Published in The Express Tribune on September 20, 2021 KARACHI: There has been a recent slide in Pakistani rupee against the basket of main currencies, mainly the US dollar, where the rout intensified lately, hitting a multi-year low of Rs169 in the forex market before the State[…]
