Rebuilding the Zambian Economy
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Weekly currency update: Pakistan rupee to remain range-bound, say analysts
Weekly currency update: Pakistan rupee to remain range-bound, say analysts
A trader can be seen counting the US currency. Photo: AFP High US dollar demand for import payments, inflation and widening current account deficit puts pressure on rupee. Rally in global commodity prices could exert pressure on the rupee.“The range for the rupee should be 170-71 in the coming week,” says an analyst. Analysts have said the Pakistani rupee is expected to stay range-bound next…
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IMF warns Ukraine it will halt $40bn bailout unless corruption stops
IMF warns Ukraine it will halt $40bn bailout unless corruption stops
Christine Lagarde says it is hard to see the programme continuing ‘without substantial effort’ to improve governance Christine Lagarde in Davos last month. She said on Wednesday she was concerned about Ukraine’s slow progress in fighting corruption. Photograph: Michel Euler/AP The International Monetary Fund has warned it will halt its $40bn (£28bn) bailout programme to Ukraine unless the…
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