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Israel, Hamas due to release more people amid efforts to extend truce
World1 year ago

Breaking Diplomatic Ground: Israel and Hamas Exchange Hostages on Final Day of Gaza Truce

In a historic move on the concluding day of the Gaza truce, Israel and Hamas are on the brink of...
Caretaker Prime Minister Anwaarul Haq Kakar in Kuwait, a pivotal moment during his diplomatic mission to strengthen economic ties. Caretaker Prime Minister Anwaarul Haq Kakar in Kuwait, a pivotal moment during his diplomatic mission to strengthen economic ties.
News1 year ago

Caretaker Prime Minister Expands Diplomatic Horizon with Kuwait Visit Following Successful UAE Tour
Former Prime Minister Imran Khan nominates Barrister Gohar Khan as his candidate for chairman amidst party turmoil. Former Prime Minister Imran Khan nominates Barrister Gohar Khan as his candidate for chairman amidst party turmoil.
Politics1 year ago

Imran Khan Nominates Barrister Gohar Khan as Chairman Candidate Amidst Party Turmoil

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ChatGPT Becomes a Twitter Sensation: What's Behind the Trend? ChatGPT Becomes a Twitter Sensation: What's Behind the Trend?
Tech2 years ago

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Thousands of traders and businesses across the country closed their shops on Saturday to protest against soaring energy and fuel bills. Thousands of traders and businesses across the country closed their shops on Saturday to protest against soaring energy and fuel bills.
General2 years ago

Public, traders take to streets against sky-high electricity bills
Controversial Re-Arrest of PTI President Parvez Elahi Raises Questions on Rule of Law in Pakistan Controversial Re-Arrest of PTI President Parvez Elahi Raises Questions on Rule of Law in Pakistan
News2 years ago

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Suzuki Cultus: The Unsung Hero of Pakistan’s Urban Mobility - September 2023 Edition Suzuki Cultus: The Unsung Hero of Pakistan’s Urban Mobility - September 2023 Edition
Tech2 years ago

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Legal Maze Deepens for Imran Khan: A Look at the Complexity and Potential Impact on Pakistani Politics Legal Maze Deepens for Imran Khan: A Look at the Complexity and Potential Impact on Pakistani Politics
Politics2 years ago

Legal Maze Deepens for Imran Khan: A Look at the Complexity and Potential Impact on Pakistani Politics
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Entertainment

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Entertainment2 years ago

King Khan's Royal Feat: Shah Rukh Khan Becomes First Bollywood Actor to Net Rs. 1,000 Crore in a Single Year

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Jawan Movie Review: Shah Rukh Khan Sets Fire to The Screen, Ably Supported by an Ensemble Cast
Entertainment2 years ago

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Entertainment2 years ago

Salman Khan’s Tiger 3 to Feature a Pakistan Setting?
Gadar 2 Nears 500 Crore Milestone Despite Cricket Fever, Redefining the Landscape of Indian Cinema in 2023
Entertainment2 years ago

Gadar 2 Defies Cricket Fever, On Verge of Joining Elite 500-Crore Club
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Sports2 years ago

Sri Lanka Seals Dramatic Last-Ball Win Against Pakistan, Advances to Asia Cup 2023 Final – Watch Highlights
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Sports2 years ago

Super11 Asia Cup 2023: India Triumphs Over Sri Lanka in a Thrilling Super 4 Encounter – Watch Match Highlights
The death toll from a powerful earthquake in Morocco has risen to nearly 2,500, officials said on Monday. Rescuers have been using their bare hands to dig for survivors, but heavy lifting equipment cannot get through roads blocked by boulders to reach remote villages near the epicenter. The death toll from a powerful earthquake in Morocco has risen to nearly 2,500, officials said on Monday. Rescuers have been using their bare hands to dig for survivors, but heavy lifting equipment cannot get through roads blocked by boulders to reach remote villages near the epicenter.
World2 years ago

Earthquake in Morocco Kills Nearly 2,500
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Foreign banks' commission demands compound Pakistan's economic woes
Business2 years ago

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Understanding the Implications: Behind the Closure of 1,600 Textile Units in Pakistan.
Business2 years ago

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Behind the Numbers: How the Fluctuating Rupee Reflects Pakistan's Economic Landscape
Business2 years ago

Understanding the Volatility: What Do Recent Foreign Exchange Rates Say About Pakistan’s Economy?
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Tech

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Tech2 years ago

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The Pakistani rupee hit an all-time low of 326 against the US dollar in the open market on Thursday, as concerns mounted over the country's economic outlook. The rupee has been under pressure in recent weeks, due to a number of factors, including the widening current account deficit, rising inflation, and political uncertainty. The caretaker government, which is in charge of the country until the general elections in October, has taken a number of measures to try to stabilize the currency, including increasing interest rates and imposing import restrictions. However, these measures have so far failed to stem the depreciation of the rupee. Analysts say that the rupee is likely to remain under pressure in the coming months, as the country faces a number of economic challenges. Here are some of the factors that are contributing to the depreciation of the Pakistani rupee: Widening current account deficit: The current account deficit is the difference between the country's imports and exports. A widening current account deficit means that the country is importing more goods and services than it is exporting. This puts pressure on the rupee, as it makes it more expensive to import goods and services. Rising inflation: Inflation is the rate at which prices are rising. A rising inflation rate means that people have to pay more for goods and services, which can also put pressure on the rupee. Political uncertainty: Political uncertainty can also make investors nervous about investing in a country, which can lead to a depreciation of the currency. The depreciation of the rupee has a number of negative consequences for the Pakistani economy: It makes it more expensive to import goods and services, which can lead to higher inflation. It makes it more difficult for businesses to compete in international markets. It can lead to capital flight, as investors move their money out of the country. It can make it more difficult for the government to repay its debts. The caretaker government is facing a difficult task in trying to stabilize the Pakistani rupee. However, it is important to take steps to address the underlying causes of the depreciation, such as the widening current account deficit and rising inflation. Here are some of the measures that the government can take to stabilize the rupee: Reduce imports: The government can reduce imports by imposing tariffs or quotas on goods that are not essential. Increase exports: The government can increase exports by providing subsidies or tax breaks to exporters. Attract foreign investment: The government can attract foreign investment by improving the business climate and making it easier for foreign companies to invest in Pakistan. Reduce inflation: The government can reduce inflation by raising interest rates or by cutting government spending. The government will need to take a combination of these measures to stabilize the rupee and improve the country's economic outlook. The Pakistani rupee hit an all-time low of 326 against the US dollar in the open market on Thursday, as concerns mounted over the country's economic outlook. The rupee has been under pressure in recent weeks, due to a number of factors, including the widening current account deficit, rising inflation, and political uncertainty. The caretaker government, which is in charge of the country until the general elections in October, has taken a number of measures to try to stabilize the currency, including increasing interest rates and imposing import restrictions. However, these measures have so far failed to stem the depreciation of the rupee. Analysts say that the rupee is likely to remain under pressure in the coming months, as the country faces a number of economic challenges. Here are some of the factors that are contributing to the depreciation of the Pakistani rupee: Widening current account deficit: The current account deficit is the difference between the country's imports and exports. A widening current account deficit means that the country is importing more goods and services than it is exporting. This puts pressure on the rupee, as it makes it more expensive to import goods and services. Rising inflation: Inflation is the rate at which prices are rising. A rising inflation rate means that people have to pay more for goods and services, which can also put pressure on the rupee. Political uncertainty: Political uncertainty can also make investors nervous about investing in a country, which can lead to a depreciation of the currency. The depreciation of the rupee has a number of negative consequences for the Pakistani economy: It makes it more expensive to import goods and services, which can lead to higher inflation. It makes it more difficult for businesses to compete in international markets. It can lead to capital flight, as investors move their money out of the country. It can make it more difficult for the government to repay its debts. The caretaker government is facing a difficult task in trying to stabilize the Pakistani rupee. However, it is important to take steps to address the underlying causes of the depreciation, such as the widening current account deficit and rising inflation. Here are some of the measures that the government can take to stabilize the rupee: Reduce imports: The government can reduce imports by imposing tariffs or quotas on goods that are not essential. Increase exports: The government can increase exports by providing subsidies or tax breaks to exporters. Attract foreign investment: The government can attract foreign investment by improving the business climate and making it easier for foreign companies to invest in Pakistan. Reduce inflation: The government can reduce inflation by raising interest rates or by cutting government spending. The government will need to take a combination of these measures to stabilize the rupee and improve the country's economic outlook.
Business2 years ago

Rupee hits all-time low against dollar, concerns mount over economy

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