Monday Muharram 3, 1423

FXCM


Business


Who should appoint the SBP Governor?
Who should appoint the State Bank Governor and its board of directors ? Should it be the prerogative of the Prime Minister or the President under the new constitutional dispensation on...
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Is there too much on PC’s plate?
People at the Privatization Commission (PC) must be jumping with joy. The National Bank of Pakistan (NBP) offering of 37.3 million shares (including the green shoe option) in November last year—the...
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Scare of a stronger rupee
Until recently the industrial investors were agitated by the perennially falling rupee and perpetually rising dollar and held the unstable exchange rate of the rupee as an index of the instability...
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Controversy over Thal canal project
The manner in which the Thal canal project has been undertaken is a natural cause for unrest among the people of Sindh, especially when work has been launched before having consensus...
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Increased oil prices boost equities
Despite massive battering at the weekend session, stocks performed well during the previous week as positive news in quick succession did not allow the investors to have an overview of their...
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Forex reserves rise
According to the Statement of Affairs of the State Bank of Pakistan, for the week ended March 2, 2002, both notes in circulation and those issued maintained the upward trend....
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Rupee/dollar parity fluctuates
The rupee/dollar parity remained fluctuated between Rs59.80 and Rs60.50 in the last week. Most experts are of the option that the central bank efforts to protect exporters from suffering losses from...
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Steady supply keeps foodgrain prices low
The wholesale Karachi commodity markets showed easy trend last week, as the prices of essential items generally fell, followed by the reports of steady arrivals and the slack demand from Punjab...
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A nation divided over water
It is a pity that while we must be focussing collectively on devising strategies for the conservation of precious water resources, some elements are trying to engage the federating units in...
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Minister’s prediction about wheat may materialize
The federal food minister has been upbeat about the wheat crop no