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The Pakistani currency, the Rupee, recently witnessed a remarkable surge, gaining 3.83% against the US dollar in the inter-bank market, and reaching a four-month high at Rs275.44. The currency also showed a 3.57% rise in the open market, reaching Rs280 against the greenback. This surge comes as the International Monetary Fund (IMF)’s new loan programme defended the value of the …

Babar Azam, the esteemed captain of Colombo Strikers in the upcoming Lanka Premier League (LPL) 2023, has demonstrated unwavering commitment to his religious beliefs. Despite the LPL franchise’s association with a betting company, Babar Azam has chosen not to wear a jersey displaying the logo of the said company. Upon conveying his decision to the team management, Babar Azam’s choice …

Introduction The Pakistan Stock Exchange (PSX) has opened with a remarkable 5.38% surge, equivalent to 2,231 points, in the wake of the country securing a much-needed lifeline from the International Monetary Fund (IMF). The loan programme comes at a crucial time when the nation’s foreign exchange reserves were at critically low levels, presenting a risk of default. With the IMF’s …