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Aykh PBC seeks SJC action against unfit judges
KARACHI:The rupee remained stable against the dollar at Rs115.5/115.7 in the inter-bank market on Friday compared with Thursday s close of Rs115.5/115.7. Since December, the rupee has cumulatively shed close to 9% of its value after the central bank reportedly abstained from intervening in response to the pressure due to a widening adidas originalss (https://www.adidas-originalss.fr) current account deficit. The State Bank adidas classic (https://www.adidasoriginal.it) of Pakistan has maintained that the slide i adidas originals winterjacke (https://www.adidasoriginal.de) n the rupee s value is due to supply and demand dynamics of foreign exchange in the inter-bank market.While it has promised prompt intervention in case of speculative or momentary pressures, the central bank will sit on the fence and let market-driven adjustment in the exchange rate to continue to contain the imbalance in the external account and sustain a higher growth trajectory , according to a press statement. Market rumours suggest the move is part of IMF s conditions for another bailout package.Published in The Express Tribune, May 26th, 2018.Like聽Business on Facebook, Edub AIOU launches five-day tree plantation drive
KARACHI:Pakistan named Lieutenant-General Asim Munir as the head of the country 39 s nuclear-armed military, the most powerful institution in a nation seldom far from its next crisis.The appointment could have a crucial bearing on the future of Pakistan 39 s fragile democracy, and whether relations with neighbouring India are allowed to improve:The army rsquo s role in PakistanDuring the 75 years since independence and formation of Pakistan out of the Partition of India, the army has seized power three times and directly ruled the Islamic republic for more than three decades, fighting three wars with India along the way.Even when a civilian governme adidas originals damen (https://www.adidasoriginal.de) nt holds power, Pakistan 39 s generals retain a dominant influence over security matters and foreign affairs.Who is Asim MunirMunir will replace General Qamar Javed Bajwa, who retires later this month after a six-year term.Munir served in an area disputed with India that borders China samba classic (https://www.adidassamba.us) and also in Saudi Arabia, a major financial suppor adidas original samba (https://www.adidas-originalss.fr) ter