Investment in higher education sector was118 billion
rupees as compared to 86 billion during 2008-13.
The LCCI former president said that rapid devaluation of
rupee will damage the economic cycle of the country besides scaring off international investors therefore State Bank of Pakistan should control this dilemma without wasting a single moment.
He said the
rupee depreciation may provide some incentives to the export sector of the country, but due to rise in the cost of imports, production cost would further go up that would affect the competitiveness of our exports.
Lowest rate of fiscal deficit was recorded during 2013-14 as it was 310 million
rupees but income was also remained 0.
PAGE: Do You think devaluation of Pakistani
rupee would attract foreign investors ?
Adeeb Ahamed, managing director, Lulu Exchange, noted that the
rupee slid gradually from 105 to 110 against the US dollar during the week.
Sudhesh Giriyan, COO, Xpress Money, said: "The current level of the
rupee is very attractive for customers, especially white collar remitters, to send money home.
White" category pilgrims from Karachi have deposited 285,070
rupees each this year compared to 221,975
rupees last year.
The dealers said during the early hours of trading Indian
rupee plunges 62.
Prices for the DGCX Mini Indian
Rupee Futures contract will be quoted in US Cents per 100 Indian
Rupees, with a minimum premium fluctuation of 0.
SATYENDRA PATHAK DOHA THE fall of Indian
rupee to a low of Rs14.
Prices are quoted in US Cents per 100 Indian
Rupees, with a minimum premium fluctuation of 0.
