The US dollar shed another 14 paisas in the interbank trading on the first day of the business week and the greenback reached Rs278 against the Pakistani Rupee.
The Pakistan-IMF Staff Level Agreement after successful negotiations in Islamabad has helped to revive the investors’ confidence in the local economy along with the SIFC initiatives for Foreign Direct Investments (FDI) and the newly-elected government’s resolve of one-window operations for ease of doing business in Pakistan are few steps by the country’s civil-military leadership for taking the economy on the right track.
