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KSE-100 Plunges Over 1,600 Points as Geopolitical Fears Shake Market

KSE-100 Plunges Over 1,600 Points as Geopolitical Fears Shake Market

The Pakistan Stock Exchange (PSX) witnessed a sharp sell-off as the benchmark KSE-100 index plunged more than 1,600 points during early trading, driven by rising geopolitical tensions and investor uncertainty. The steep decline reflected panic selling at the opening bell, with the index dropping nearly 1,680 points within minutes. Market sentiment remained fragile as escalating tensions in the Middle East,...

Govt Plans to End Currency Controls to Secure IMF Loan

Govt Plans to End Currency Controls to Secure IMF Loan

Pakistan has agreed to end currency controls gradually and relax restrictions on foreign exchange movement as part of commitments made to the International Monetary Fund (IMF), aiming to secure the release of a $1 billion loan tranche. Officials indicated that the move is intended to stabilise the economy amid rising inflation and external pressures caused by the ongoing Middle East...

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