KSE-100 fell week, as the petroleum dealers strike led to a decline in economic activity across the country. PKR depreciated marginally this week, as a decline in SBP net reserves dented investor confidence. Local gold prices fell again this week, in line with international prices.
What Else We’re Reading (Local)
What Else We’re Reading (International)
- The latest Covid mutation highlights an uncomfortable reality; new variations will continue to occur until rich countries ensure that all countries have access to the vaccine. (Bloomberg)
- Honduras, a country whose current president was named an alleged co-conspirator in a US drug trafficking case, is having presidential elections this Sunday. (FT)