A friend and I have a regular habit of discussing public policy in Pakistan. We are no experts on many policy topics, but we share our opinions on government policies with utmost confidence. That, of course, does not mean that we are right. Naturally, Asad Umar’s resignation was a hot topic for us this recently. […]
currency
FIA to start operation against dollar hoarding
The Information Minister Fawad Chaudhry said on Friday that the Federal Investigation Agency (FIA) was directed by the federal government to initiate a “full-fledged operation” against dollar hoarding and speculative trade. The minister tweeted in which he stated that in coordination between the State Bank of Pakistan and the Ministry of Finance, an operation is […]
War and Supply Risk in Pakistan
Pakistan is at the brink of war with its hegemonic neighbour. While the probability of full-scale war seems low, it is the fear of war & destruction that has gripped the economy in a state of turmoil. In times like these, a supply manager might ask what possible risks could arise from such a situation. […]
Open market Forex Rates- March 15
KARACHI: Following were the closing rates of foreign currencies in kerb market issued by Forex Association of Pakistan here on Thursday, March 15, 2019.