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The Pakistani rupee has witnessed a sharp decline in its value for the fifth straight working day, painting a grim picture of the country’s economic situation. The currency depreciated by 0.58%, losing Rs1.66, and hit a one-month low of Rs286.81 against the US dollar in the interbank market on Friday. Over the past five working days, the rupee has seen …

The automotive industry in Pakistan is grappling with a severe challenge as the supply chain disruptions persist. The latest victim of this situation is Toyota Indus Motor Company Limited (IMC), a crucial player in the country’s car manufacturing sector. Due to a lack of essential parts and materials, IMC has temporarily halted its car production for two weeks. This suspension …

Introduction: In the ever-evolving global market, understanding and predicting exchange rate movements are essential for businesses engaged in international trade and investments. Exchange rate forecasting enables firms to make informed decisions, plan budgets, and mitigate potential risks. In this blog post, we will delve into the different methods used for exchange rate forecasting, including technical, fundamental, market-based, and mixed approaches, …