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KARACHI:The rupee remained stable against the dollar at 104.5/104.7 in the inter-bank market on Tuesday compared to Monday鈥檚 close of 104.5/104.7.Currency: Rupee stable against dollarThe currency market has fluctuated regularly in recent months with hefty rises and falls on some occasions. In the long run, however, the rupee has stood firm after experienc adidas campus noir ing newbalance scarpe extensive volatility, whe new balance pour homme n it weakened from around Rs98 to a dollar to above Rs103 in the wake of political impasse over alleged election rigging.Recently, the central bank has imposed 100% cash margin on the import of certain consumer goods to restrict the demand for US dollars. The rupee has been one of the best performing currencies in Asia for over three years despite the dollar鈥檚 sharp appreciation against other currencies.Currency: Rupee stable against dollarHowever, the International Monetary Fund has repeatedly said that Pakistan鈥檚 rupee is overvalued by 5-20%. According to analysts, the artificial support for the rupee has Evotec AGhas announced that it has completed the sale of its Chemical Development B yeezy 350 usiness toAptuit, Inc. for a total consideration of 拢 31.5 million (approx. EUR 44 million) effective November 30, 2007.This divestiture allows Evotec to focus even more on its strategy to become an emerging pharmaceutical company providing high-value research results to its partners through discovery collaboratio nike dunk low ns and partnering of pre-clinical and clinical programs developed internally. Following this divestiture, the proposed acquisition of Renovis, with an expected closing early next year, will be an important next step in building a leading CNS com-pany.Dr Mario Polywka, Chief Operating Officer of Evotec AG, commented: 鈥淓votec has decided to focus on core competencies that are important for high-value new balance 9060 proprietary research and collaborations and to divest businesses that are not core to this strategy. We have successfully executed on this plan during the recent months and our increased cash resource

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