This week, Ali Aftab Saeed talks to Profit Editor Khurram Husain about why the forex traders are, counterintuitively, buying dollars at the lower rate than the interbank rate; why the petrol prices just got hiked despite the international markets moving in the opposite direction; and the horrible predatory behaviour of the nanolending apps.
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Corporate profits down 1% in 2024, but some sectors soar
Energy was the biggest drag, driven by volatile prices and demand; absent that laggard, profits at Corporate Pakistan rose 8% in 2024