The Pakistani rupee saw a historic fall against the dollar as per the data released by the State Bank. The opening rate of the dollar in the interbank market was PKR 230.89, while the greenback closed at PKR 255.43, resulting in a single day rupee depreciation of around 10%. Hence, this translates into the most […] The post Market Forces Prevail: The Dar Peg Is Dead appeared first on The Friday Times - Naya Daur.
The Global South has a long-standing propensity to borrow development prescriptions. From the academy that hinges development on cookie-cutter indicators, indices and theories to statesmen that equate progress with exogenous assistance and acknowledgement such as removal from grey lists, ‘favorable’ conditionalities, donor funded projects and capacity building programs, development in the Global South is largely […] The post The Development Of Underdevelopment appeared first on The Friday Times - Naya Daur.
Ex-Man United star Ronaldo entered a £175million-a-year deal to move to the Middle East in January, two months after his Manchester United contract was terminated after a bizarre, bombshell interview blasting the club with Piers Morgan. The Saudi-themed watch made of 18 carat white gold is dark green to represent the Saudi flag as well as the […] The post Cristiano Ronaldo Awarded Unique £630,000 Watch In Recognition Of Move To Al-Nassr appeared first on The Friday Times - Naya Daur.