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    Minister blames 'political turmoil' as Pakistani rupee falls record low against US dollar

    Minister blames 'political turmoil' as Pakistani rupee falls record low against US dollar

    20 Jul 2022

    Tariq Butt / Reuters Pakistan's Finance Minister Miftah Ismail on Wednesday blamed the rupee's slide on political turmoil, saying he expects market jitters over the currency's sharp decline to...

    Pakistani rupee plunges to all-time low against US dollar

    Pakistani rupee plunges to all-time low against US dollar

    18 Jul 2022

    The Pakistani rupee on Monday plunged to an all-time low of 215 against the US dollar in the interbank trade, according to the Exchange Companies Association of Pakistan (ECAP) as...

    Pakistani rupee remains unstable, plunges to record low of 210 against US dollar

    Pakistani rupee remains unstable, plunges to record low of 210 against US dollar

    20 Jun 2022

    In line with market expectations, the Pakistani rupee has plunged further and crossed the 210 threshold against the US dollar for the first time in the interbank market on...

    In a first, Pakistan rupee slumps to 205 threshold

    In a first, Pakistan rupee slumps to 205 threshold

    07 Jun 2022

    The Pakistani rupee on Tuesday broke all records against the US dollar after shedding 4 PKR in the open market as it surpassed the 205 threshold for the first...

    Pakistan central bank hikes main policy rate

    Pakistan central bank hikes main policy rate

    23 May 2022

    Pakistan’s central bank raised its benchmark interest rate on Monday by 150 basis points to 13.75%, the second hike in less than two months, as the South Asian nation grapples...

    Pakistani rupee drops to record low against US dollar amid talks with IMF

    Pakistani rupee drops to record low against US dollar amid talks with IMF

    19 May 2022

    Pakistan’s currency plummeted to an all-time record low in intraday trading against the US dollar on Thursday, amid uncertainty about the success of crucial talks between the International Monetary...

    In a first, Pakistani official asks govt to cut his salary by half from Rs1m to Rs0.5m

    In a first, Pakistani official asks govt to cut his salary by half from Rs1m to Rs0.5m

    09 Apr 2022

    Tariq Butt, Correspondent In a first, Punjab Human Organ Transplant Authority (P-HOTA) Director General (DG) Prof Asad Aslam Khan has requested the provincial government to reduce his remuneration by...

    Pakistan PM launches interest-free loan programme for low-income families

    Pakistan PM launches interest-free loan programme for low-income families

    02 Mar 2022

    Tariq Butt, Correspondent Pakistan Prime Minister Imran Khan has said loans worth Rs1,000 billion will be provided to 4.5 million deserving households under Kamyab Pakistan Programme (KPP) by next...

    Pakistan’s August remittances hit $2.66 billion

    Pakistan’s August remittances hit $2.66 billion

    10 Sep 2021

    Workers’ remittances continued their strong trend, reaching $2.66 billion in August 2021, State Bank of Pakistan (SBP) reported on Friday. This is the sixth consecutive month when inflows recorded around...

    Overseas Pakistanis are our assets and strength, so shun ‘indifferent attitude,’ Imran tells envoys

    Overseas Pakistanis are our assets and strength, so shun ‘indifferent attitude,’ Imran tells envoys

    06 May 2021

    Tariq Butt, Correspondent Reacting strongly to the “indifferent” attitude of the country’s envoys towards expatriates, Prime Minister Imran Khan has rebuked diplomats for their failure to serve the Pakistani...

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