Pesawesa پیسہ

  Rupee free fall continues against dollar as pressure on currency persists KARACHI: The Pakistani rupee's free fall continued against the US dollar Friday as the local unit remained under pressure in the interbank market due to wide-ranging factors. Following its week-long depreciation trend, the rupee closed at 220.6 against the dollar after losing 1.25 or 0.57%, up from yesterday's close of 219.41. Cumulatively, the local unit lost 6.01 against the greenback during the week ended August 26 as it depreciated in all five trading sessions.  Analysts and experts have said that the rupee will continue to slide till the International Monetary Fund (IMF) disburses Pakistan's $1.17 billion tranche in its executive board meeting on August 29

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  Difference between assets and liabilities In business terms,  assets and liabilities  often aandppear together. They are the two fundamental elements that shape the financial health of your business and make up your company' balance sheet. What are assets? Assets  are resources (tangible and intangible) that your business owns, and that can provide you with future economic benefit. They add value to your business, they can help you meet your commitments and increase your equity. See  different types of business assets . What are liabilities? Liabilities  are your business' debts or obligations which you need to fulfil in the future. This is the money you need to repay, the goods you need to provide or the services you need to perform. These responsibilities arise out of past transactions and need to be settled through the company's assets. Both assets and liabilities are reported on the company's  balance sheet . While some assets are depreciable, liabilities are not