Negative effect of country's declaration of default on stock market

Negative effect of country’s declaration of default on stock market

Dollar 93 paise in interbank, 25 paise cheaper in open currency market. Photo: File Karachi: Billions of rupees of investors sank on the statement of a federal minister regarding the insolvency of Pakistan. A federal minister’s statement on Pakistan’s insolvency, IMF’s condition for an aggressive increase in interest rates and uncertainty on the political horizon…

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smuggling of 200 iPhones;  AFN and Customs Halkar involved in the alleged clearance

smuggling of 200 iPhones; AFN and Customs Halkar involved in the alleged clearance

Two officials of ANF and Pakistan Customs were also involved in the smuggling and alleged clearance of 200 iPhones from two passengers of a flight coming from Sharjah at Islamabad Airport. According to the details, the authorities have also registered a case against ANF official Zulfikar and Customs official Sulaiman Gill. It should be noted…

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