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Rupee at new lows; may lose more vs dollar

KARACHI (Reuters) - The Pakistani rupee fell to a new intraday low against the dollar on Monday but recovered slightly to end firmer than Saturday’s close, and dealers said it was expected to remain under pressure for now.The rupee closed Read full story

Pakistan faces high inflation despite historic lows in region

KARACHI - As inflationary pressures across the globe continue to dissipate, Pakistan still faces a very high double-digit inflation.A regional comparison of inflation reveals the rigidity of inflation in Pakistan in comparison to other Read full story

Oil bounces off 4-year lows in Asia

Oil prices bounced off four-year lows to near$43 a barrel Monday in Asia after OPEC's president suggested the group could surprise investors with a large production cut later this month. Light, sweet crude for January delivery was up $2.01 Read full story

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