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The paper was pro-democracy and supported various autonomy movements in East Pakistan. It was blacklisted by the Pakistani Government for a year and banned from receiving government advertisement. It stopped publishing for three months during the Bangladesh Liberation War. [2] [3] Abdul Khaleq was the founding editor and publisher of Azadi.
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
Pakistan Observer is an English-language daily newspaper of Pakistan. It is published from six cities – Islamabad , [ 1 ] Karachi , Lahore , Peshawar , Quetta and Muzaffarabad . [ 2 ] [ 3 ] The newspaper was founded in 1988 by Zahid Malik .
In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in ...
The non-tax income was set around ₨. 800 billion as the government had allocated ₨. 185 billion as energy subsidy. [10] Finance Minister Ishaq Dar maintained that the circular debt amounted to more than ₨. 500 billion was to be eliminated in 60 days. [12] The budget proposes to abolish the ministers' discretionary funds. [12]
[49] [50] Major Bangladeshi exports to Pakistan include textiles, agricultural products, leather footwear and other leather products. [49] In fiscal 2022-23, Bangladesh's imports exceeded $68 billion, of which goods imported from Pakistan amounted to $699 million. Exports to Pakistan were around $74 million during the period.
The Dow and S&P 500 indexes each fell by around 5% in the quarter, and the Nasdaq tanked even harder, by 9%, as tech stocks got routed. The central bank also noted that debt is increasing nationwide.
At first 1 taka and 100 taka banknotes were introduced. Later 10 and 5 taka notes were added. This first issued series is commonly known as "Map Series". These banknotes are considered as emergency issue banknotes to replace the Pakistan rupee banknotes both with and without rubber stamp overprints. [12]