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U.S. stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The S&P 500 gave up an early gain to ...
Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The Dow Jones Industrial Average slipped 0 ...
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This led to the replacement of the traditional open outcry system with the automated Karachi Automated Trading System (KATS). [11] Securities and Exchange Commission of Pakistan was founded in 1999 with the aim to reform the capital markets. [12] Khalid Mirza was appointed as SECP Chairman in March 2000. [13]
The rupee was pegged to British Pound until 1982 when the government of General Zia-ul-Haq changed to a managed float. As a result, the rupee devalued by 38.5% between 1982–83 and 1987–88 and the cost of importing raw materials increased rapidly, causing pressure on Pakistani finances and damaging much of the industrial base.
In the market year of 2018/19, Pakistan exported a record 4.5 million tonnes of rice compared to around 4 MMT during the corresponding period in the previous year. [ 72 ] Pakistan is a net food exporter, except in occasional years when its harvest is adversely affected by droughts.
The Fed also unveiled in its updated Summary of Economic Projections, or "dot plot," which reflects the individual economic projections of policymakers on the Federal Open Market Committee, that ...
This following politically risky measures taken by the Sharif government including raising taxes, reversing subsidies in power and export sectors, increasing energy and fuel prices, agreeing to a market-based currency exchange rate, cutting spending and revising the 2023-24 Federal Budget. Micheal Kugelman writing "Islamabad waited until the ...