IMF

Rupee seen steady as foreign reserves hold up, IMF hopes rise

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A representational image showing a man counting rupee notes. — AFP/File KARACHI: The rupee is expected to trade in a narrow range over the coming week, buoyed by stable foreign exchange reserves and optimism over a new International Monetary Fund loan program. “After losing some ground in the previous sessions, I expect that the rupee … Read more

Stocks poised for uptick on Saudi investment, IMF talks

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A stockbroker monitors the share prices during a trading session at the Pakistan Stock Exchange (PSX) in Karachi on May 16, 2022. — AFP KARACHI: Stocks witnessed a mixed trend during the outgoing week but managed to close at a record high, while the market is expected to maintain the positive momentum into next week … Read more