KARACHI — On Thursday, the Pakistan Stock Exchange broke beyond the 57,000 point barrier, making it the most successful market in the world.
There was a 430-point gain in the benchmark index of the Pakistan Stock Exchange.
The enormous rise in the share price has investors rejoicing.
Conversely, when good news about the agreement with the IMF spread, the value of the US dollar began to fall. The interbank dollar exchange rate dropped by Rs1.64, closing at Rs286.50.
The value of the dollar has dropped significantly on the open market.