Diabytes
Pakistan rupee News
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The dollar bonds due 2031 fell to the lowest since November on Thursday and were indicated at 33.10 cents on the dollar.
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The News International quoted Abdul Mannan, a Pharmacist as saying that the pricing policy of the Drug Regularity Authority of Pakistan (DRAP) is the reason why several life-saving drugs are not available in Pakistan.
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Economically bad Pakistan has got another blow. The Shehbaz Sharif government of Pakistan has decided to recover the waived electricity bill from the people. During the flood, the government of Pakistan waived the electricity bill of the people.
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According to the report, rolling blackouts and a severe foreign currency shortage are making it difficult for businesses to continue operations in Pakistan.
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The Japanese bank said that 22 of the 32 countries covered by its in-house "Damocles" warning system have seen their risk rise since its last update in May, with the largest increases in the Czech Republic and Brazil, Geo News reported.
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Investors are concerned as there is speculation in the market that the IMF may not agree to resume the loan programme, following the government's reluctance to implement the prerequisite conditions.
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The rupee closed at 161.94 against the dollar in the interbank market, continuing a slide since Pakistan signed an agreement with the International Monetary Fund last month for a $6 billion loan.
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