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Thursday, January 17, 2019
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The provision of housing in Pakistan has not kept up with the fast-growing population, which is 207.8 million as per the census in 2017 — a drastic increase from 132.4m in 1998. As per various estimates, annual housing demand is between 400,000 and 700,000 units. But only 100,000 to 350,000...
The rupee showed little changes in relation to the dollar on the money market on Thursday, dealers said. The rupee rose by four paisas versus the dollar for buying and selling at Rs 138.86 and Rs 138.88 respectively, the said. INTER-BANK MARKET RATES: OPEN MARKET RATES: The rupee shed 10 paisas in...
No major changes were seen on the currency market on Wednesday as the rupee held its present levels against the dollar, dealers said. The rupee shed two paisas versus the dollar for buying and selling at Rs 138.90 and Rs 138.92 respectively, dealers said. INTER-BANK MARKET RATES: OPEN MARKET RATES: The local...
The rupee managed to gain modestly against the dollar on the money market on Tuesday in the process of trading, dealers said. The rupee inched up versus the dollar for buying and selling at Rs 138.88 and Rs 138.90 respectively, they said. INTER-BANK MARKET RATES: In second Asian trade, the dollar...
KARACHI: Deposit growth of the banking system stalled in 2018 despite one of the largest interest hikes of 4.25 per cent in a single year. At 8pc, the rise in deposits was the slowest in a decade, according to a research note put out by Topline Securities. The State Bank...
The PTI government is bent upon recovering as much ‘plundered wealth’ as possible. The entire state machinery, backed by a superior judiciary, is decisively chasing cases of mega corruption and money laundering. The record economic growth of 5.8 per cent of the last fiscal year is expected to slow down...
LAHORE: The World Islamic Banking and Finance Conference has agreed to establish an international forum to find solutions to banking, finance and sociopolitical issues being faced by the Muslims. The two-day moot, organised by Minhajul Quran which ended here on Sunday, approved a suggestion by Minhaj deputy chief Hussain Mohyuddin...
The rupee moved slightly against the dollar on the money market on Thursday in the process of trading activity, dealers said. The rupee shed two paisas in relation to the dollar for buying and selling at Rs 138.91 and Rs 138.93 respectively. In fourth Asian trade, the Japanese yen soared...
The rupee gave up overnight firmness against the dollar on the money market on Wednesday, dealers said. The rupee slipped slightly in relation to the dollar for buying and selling at Rs 138.89 and Rs 138.91 respectively. INTER-BANK MARKET RATES: In third Asian trade, safe-haven currencies such as the yen rose...
The rupee did not move any side against the dollar on the open market on Tuesday in the process of trading activity, dealers said. OPEN MARKET RATES: The rupee was unchanged in terms of the dollar for buying and selling at Rs 138.50 and Rs 139.00 respectively, they said. The rupee...

Opinion

nfc asad

Asad: between rock and a hard place

The beleaguered Finance Minister gets no respite. He is constantly in the line of fire; at times under friendly fire as well. He puts...