Press Articles
Dollar Crunch in Pakistan Leads to Dislocation in Forex Market
Jul 27, 2022
Bloomberg report citing Mamsa on dollar crunch and forex market dislocation.
Pakistan rupee to remain stable in short run; but what’s next?
15 Sept 2025
Cites Tresmark’s projections on exchange rates and IMF context; strong evidence of influence in financial markets.
FMAP signs MoU with Tresmark
Aug 5, 2023
MoU announcement with quotes from Faisal Mamsa.
Interview with Faisal Mamsa, CEO – Tresmark
Dec 11, 2023
Full interview discussing Tresmark’s journey, USP, and market insights.
Yield on three-year bond cut by 335bps
20 Sept 2024
Quotes Faisal Mamsa, CEO of Tresmark, directly on yield curve impacts; high-profile national coverage.
Dollar shortage strains rupee’s ‘artificial’ strength
Aug 31, 2025
Mamsa: ‘No force can outmuscle the market when fundamentals are stacked against it.’
A diary of (near) default — Pakistan’s journey to avoid insolvency
Dec 30, 2023
Mamsa defines default: ‘outflows of cash are consistently more than inflows.’
Pakistani businesses opt for Dubai amid uncertainty
Feb 11, 2024
Mamsa on need to reform inflation, forex reserves, and governance.
Volatile period for exchange rate: experts
14-Jan-24
Mamsa: Elections pose stability risk; advises caution.
Analysis: Pakistan to face double trouble if dollar is threatened
Jan 5, 2025
Mamsa: No credible threat from BRICS to USD.
Implementing new IMF deal a challenge as political pressure mounts
Jul 21, 2024
Mamsa: IMF deal could stabilize rupee & reserves.
Dollar shortage spurs exchange rate volatility
Jun 22, 2025
Mamsa: Importers have been paying Rs2‑3 more per dollar than the official interbank rate.
Rupee depreciates despite global drop in dollar index
23-May-25
Mamsa: Rupee facing ‘double trouble.’
Dual exchange rate resurfaces in banking market
Nov 19, 2023
Mamsa: Describes SBP’s indirect market interventions.
SBP poised for fourth straight policy rate cut
Oct 24, 2024
Mamsa: Cautious rate cut expected; warns against aggressive moves.
Rupee just Rs3.10 away from all-time low
17 Sept 2022
Direct quote from Faisal Mamsa; strong personal attribution in a leading daily; shows leadership in economic discourse.
Rupee falls slightly ahead of IMF programme
28 May 2024
Cites Tresmark describing rupee as overvalued and forecasting depreciation; authoritative market outlook.
Pakistani rupee faces pressure amid dollar shortage
Sep 1, 2025
Mamsa: Rupee’s apparent strength masks a drying up of supply.
Cash‑Strapped Pakistan Lost Over $8B in Remittances
Jul 16, 2023
Mamsa: ‘This shows how US and Gulf states consider Pakistan … too big to fail.’
Pakistan To Face Double Trouble if BRICS Threatened the US Dollar
Jan 11, 2025
Commentary quoting Faisal Mamsa on BRICS and global currency dynamics.
Analysts fear further decline in rupee against dollar in coming week
Jan 29, 2023
Analyst commentary including Faisal Mamsa on rupee’s expected decline.
Rupee crashes below 190 against US Dollar for the first time in history
May 11, 2022
ProPakistani coverage quoting Mamsa on rupee fall below 190/USD, historic low.
Pakistan Now: Darkest Before Dawn?
12 May 2023
Mentions Faisal Mamsa as CEO of Tresmark amidst IMF loan & currency analysis.
Rupee expected to remain stable next week as traders await fresh triggers
11 Aug 2024
Cites Tresmark analysis on IMF loan approval, debt inflows, and market outlook; clear demonstration of authority.
Rupee may face pressure this month
12 Jan 2025
Cites Tresmark’s weekly note projecting volatility and SBP/IMF impacts; strong evidence of expertise.
Rupee likely to remain range-bound next week
16 Feb 2025
Based on Tresmark client note; commentary on reserves, IMF talks, and current account trends; strong attribution.
Rupee likely to be range-bound ahead of IMF’s board meeting next week
22 Sept 2024
Cites Tresmark client note on stability, IMF approval, reserves, and macro outlook; strong attribution.
Rupee likely to depreciate by end-December
7 Jul 2024
Direct attribution to Tresmark on depreciation forecasts; connects platform’s role to economic policy discussions.
Rupee weakens on black market amid dollar demand
Feb 24, 2023
Mamsa: ‘The grey market is a derivative of lack of forex liquidity…’
Rupee may weaken to 282.5-283 against dollar by end-June
25 May 2025
Quote mentioning Faisal Mamsa on rupee projections around 282.5–283 by June end..
Flying too low
May 25, 2015
Authored article by Faisal Mamsa in Money Matters section of The News.
Removing cap: how it affects the exchange rate in open market
Jan 25, 2023
Authored op-ed by Faisal Mamsa explaining exchange rate dynamics after removing cap.