Roundup: Economic, political vagueness in Pakistan puts stocks, rupee under massive pressure


Source: china.org.cn china.org.cn

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ISLAMABAD, July 19 (Xinhua) -- Recent economic and political uncertainty in the country has left negative impacts on stocks and currency, with the key index of the Pakistan Stock Exchange (PSX) losing over 700 points and Pakistani rupee depreciating by 1.97 percent on Monday, Pakistani economic experts said. Both stocks and rupee landed in the red zone against the backdrop of the by-polls held Sunday in the eastern Punjab province, home to over half of Pakistan's population, the experts said. "In a surprising development, former prime minister Imran Khan-led Pakistan Tehreek-e-Insaf won by a considerable margin in by-elections, and Khan...