It will further go down.

Money is leaving Pakistan at an alarming rate

Fauji cement, name reminds who is the owner

Why its going down no comments ... what a write up...

That reflects state of economy, empty slogans without a plan do not work.

Asad Umar and PTI is stating that everything is fine and economy is booming. So i think it is another conspiracy against the most capable government of this century and may be of the entire human history.

The dollar rupee rate was 148 a day back now it is 143,How did this miracle happen?

@Mohsin Malik, I realy love confidence of every citizen of pak. There is saying in English " MUCH ADO ABOUT NOTHING" this aptly applies to almost all...

Why two employees are sharing a single PC? Is the situation so bad?

@faisal, why?

@Ahmed, Because we have most corrupt government right now, whom are here just for power, for that they are providing more government jobs to their workers allover Pakistan which is constantly increasing our budget deficit even after cutting all subsidies, also the development projects, but on daily basis we have news of doctors, teachers, clerks shouting for increasing their pay by 100% and giving new jobs, government easily accept their demands and waste our tax money on them, but ultimately someone have to pay the cost and that taxes which is harshly imposed on business will not give them return, so does the value of stock will goes down because those businesses cant give good dividend on their share. In short more taxes + hight interest rate = less profit = less divided = less investment in stock = more fall in stock market, simple as that.

@Sanjeev, you’re talking about two different rates. The official rates of the bank and inter bank rates and the other rate is the open market rate where people buy or sell their dollars. Although at the official rate dollars aren’t really available and is basically used for interbank transactions.