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KARACHI:The rupee ended steady at 98.05/98.10 against the dollar, compared to Tuesday s cl yeezy ose of 98.06/98.11. The rupee has come under pressure after Pakistan made a $145 million payment to the International Monetary Fund (IMF), dealers said. Heavy debt repayments to the IMF have been putting a dent in the central bank s reserves, which have de yeezy 350 clined by nearly 20% in the current fiscal year. The next IMF repayment of $398 million is due later this month on February 26. Meanwhile, overseas Pakistani workers have so far remitted $8.21 billion in the ongoing fiscal year, a growth of 10.4% year-on year, or $770.41 million. nike dunk high Monthly average remittances for the first seven months of the fiscal year clocked in at $1.17 billion as compared to $1.06 billion during the corresponding period of the previous fiscal year Overnight rates in the money market fall to 9% compared to Tuesday s close of 9.40%.Published in The Express Tribune, February 14th, 2013.Like Business on Facebook to stay informed a KARACHI:A fire broke o air max90 ut following the explosion of a gas cylinder on a pushcart near Jinnah Square nike air max plus in Malir, engulfing two nearb newbalance schuhe y shops on Thursday.
KARACHI:The rupee ended steady at 98.05/98.10 against the dollar, compared to Tuesday s cl yeezy ose of 98.06/98.11. The rupee has come under pressure after Pakistan made a $145 million payment to the International Monetary Fund (IMF), dealers said. Heavy debt repayments to the IMF have been putting a dent in the central bank s reserves, which have de yeezy 350 clined by nearly 20% in the current fiscal year. The next IMF repayment of $398 million is due later this month on February 26. Meanwhile, overseas Pakistani workers have so far remitted $8.21 billion in the ongoing fiscal year, a growth of 10.4% year-on year, or $770.41 million. nike dunk high Monthly average remittances for the first seven months of the fiscal year clocked in at $1.17 billion as compared to $1.06 billion during the corresponding period of the previous fiscal year Overnight rates in the money market fall to 9% compared to Tuesday s close of 9.40%.Published in The Express Tribune, February 14th, 2013.Like Business on Facebook to stay informed a KARACHI:A fire broke o air max90 ut following the explosion of a gas cylinder on a pushcart near Jinnah Square nike air max plus in Malir, engulfing two nearb newbalance schuhe y shops on Thursday.