The Pakistani rupee continued its positive momentum on Friday, gaining 17 paisas in the inter-bank market. The US dollar was being traded at Rs282.70, compared to Thursday's closing rate of Rs282.87.

Full-year adjusted EPS guidance was raised to $11.10 to $11.60. Capital investment for the year is now expected at $400 million to $425 million.

In their August 2024 published article ‘Understanding the international rise and fall of inflation since 2020’ ...

If the exchange rate reflects macroeconomic truth rather than political fiction, it builds long-term credibility in capital markets and unlocks access to cheaper foreign financing. There is dignity ...