17-day closure of Karachi Cotton Exchange creates crisis as brokers incurring ‘losses running into billions of rupees’ |
KARACHI: Nearly 17 days have passed since the Karachi Cotton Exchange (KCE) was shut, raising serious concerns under a government that claims to promote business, economic growth and an export target of $60 billion.
The unexpected move by the Evacuee Property Trust Board (EPTB) to take over the KCE premises has forced the closure of an institution that had remained operational for 52 years, affecting around 320........