range

PSX remains range bound ahead of EFF approval D_Trends

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PSX remains range bound ahead of EFF approval D_Trends

KARACHI: Pakistan Stock Exchange (PSX) remained range bound in the outgoing week as investors awaited the International Monetary Fund (IMF) board’s approval of $7 billion Extended Fund Facility (EFF) and due to worries over potential foreign fund outflows due to the upcoming FTSE rebalancing. However, the KSE-100 index recorded thin gains of around 400 points … Read more

Rupee expected to be in narrow range next week D_Trends

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Rupee expected to be in narrow range next week D_Trends

A foreign currency dealer counts US dollars at a shop in Karachi on March 2, 2023. — Online Market focuses on SBP’s interest rate decision.  Analysts predict 100-bps reduction in MPC meeting. Local currency closes week at 278.33 against dollar.  KARACHI: The rupee is expected to remain in a narrow range over the next week as the … Read more