Economy

Global dollar reserve due to corona virus

The value of the US dollar against the Pakistani rupee has been steadily increasing over the past few days and as of Thursday evening; the rupee fell to the one hundred and sixty-six rupee against the dollar at the interbank. The dollar is being blamed for the continued depreciation of the country. According to data […]

Economy

Corona Virus: State Bank of Pakistan (SBP) orders currency ‘quarantine’

Everyone are counting notes in daily life. Be it rich or elderly, young or young children all touch notes in daily life. However, due to the outbreak of the Corona virus, the task of smuggling notes or counting them has increased the risk of being affected by the outbreak. To reduce this risk, the State […]

Economy

US declines aid to Afghanistan after failure to negotiate with Afghan leaders in Kabul

The United States has announced a reduction in aid to Afghanistan after a consensus among Afghan leaders in Kabul did not create a government. US Secretary of State Mike Pompeo on Monday announced a $ 1 billion reduction in Afghanistan’s financing following a failure to negotiate with Afghan leaders. A statement issued by Mike Pompeo’s […]

Economy

Imran Khan Media plays a vital role in protecting the media from chaos

Prime Minister of Pakistan Imran Khan has said that he cannot lock down in the country and people should stay in Quarantine themselves. Army has been called in three provinces of Sindh, Balochistan and Punjab to prevent the spread of the Corona virus while the government in Sindh is considering full lockdown. At present, a […]

Economy

Coronavirus Why are the US and China blaming each other

Coronavirus Why are the US and China blaming each other In a tweet by US President Donald Trump calling the Coronavirus a ‘Chinese’ virus, China protested strongly. A spokesman for China’s Foreign Ministry has warned the United States to ‘focus on its work’ before abusing China. The first case of Code 19 was found in […]

Economy

Economy how has the Coronavirus-created uncertainty affected Pakistan’s economy

Economy how has the Coronavirus-created uncertainty affected Pakistan’s economy While the Coronavirus has put people’s lives at risk all over the world, many countries’ economies and economic policies are also becoming increasingly vulnerable to these negative effects. Pakistan is also one of the countries where stock markets, currency appreciation and foreign investment are hit hard. […]