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| October 8, 2001 | Monday | Rajab 20, 1422 |
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How high would the rupee fly?
THE CIA has bought a lot of rupees. Panicky Pakistani exporters hoarding dollars and expecting that the rupee will continue to depreciate finally began off-loading their dollars. The SBP did not... 
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KCR revival: a victim of bureaucratic wrangling?
 THE government, recently has indicated that the Karachi Circular Railway (KCR) continues to be a victim of bureaucratic wrangling. First, the railways minister threatened to ‘stop’ the KCR service because of...
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Now free from IMF conditions
FOR the first time in many years, Pakistan finds its economy not constrained in any way by IMF conditionalities, though we do still need to ‘behave’ in the interim in order...
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Fall of the dollar: some lessons
THE recent fall of the US dollar has once again showed that the market is vulnerable to all sorts of speculations. The dollar declined by 4.5 per cent within first two...
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Bears at last driven out of the market
THE Karachi stocks recovered from the three-year low last week as the mid-week rebound, triggered by strong buying at attractively lower levels on the blue chip counters, drove the bears out...
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Dollar Recovers slightly
THE dollar came under heavy selling pressure last week. Panic- selling of dollar helped the rupee to recover significantly in inter-bank as well as in kerb trading....
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Time and demand liabilities decline
THE State Bank of Pakistan has made a modest cut in Treasury bill yields. On three-month bills, it has lowered the maximum yield by 18 basis points (bps), on six-month and...
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Export sector reels under war threats
THE Karachi wholesale commodity markets showed quietly mixed trend during the preceding week as there was no panic-buying on any of the essential counters despite fears of the US attack on...
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Poor management:problem in agriculture
AGRICULTURAL progress, in the past few decades, had shown a diversified trend which had not been sufficient in meeting the food requirements of the population, resulting in escalating staple food item...
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