Pakistan Economy - PKR Down 20% Against US$ in 2023; Average Inflation of 31% but Likely to Fall
Pak Rupee (PKR) has been under pressure since last 7-Years. In 2023 PKR fell 20% against US$ in spite of some recovery in last few months. This...
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FX Daily - USD Edges Lower but Finds Support on Dips
he USD’s New Year rally has stalled, with the EUR gaining a little ground over the course of the European morning session on supportive data.
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FX Daily - Oversold USD Rebounds
The USD ended 2023 on a soft note, but a little off the low made on December 28th which was the lowest the DXY traded at since July.
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Pakistan Strategy - Equites Outperformed Other Asset Classes in 2023
After lagging behind for last few years, Pakistan Equities outperformed major asset classes in 2023. The benchmark KSE 100 Index provided a gain...
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FX Daily - USD Slides Ahead of Data
The USD is broadly weaker versus the major currencies as markets position ahead of this morning’s data round. Month-end flows may also be weighing...
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