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Federal Finance Minister Miftah Ismail on Friday admitted that Pakistan was close to default when they took power, adding that they had few options other than to go to...
Pakistan imports fell by more than a third in July after a ban on non-essentials, the finance minister said on Sunday, adding the improved trade situation will reduce pressure on...
Tariq Butt, Correspondent Former prime minister and Pakistan Tehrik-e-Insaf (PTI) Chairman Imran Khan has said that if the news about Chief of Army Staff General Qamar Javed Bajwa contacting...
Pakistan’s rupee on Friday rose by 0.24%, or 57 paisa, to close at 239.37 after a two-week losing streak against the US dollar, central bank data showed on Friday. During...
Pakistan’s $33.5 billion external financing needs are fully met for financial year 2022/23, the central bank chief said on Saturday, adding that “unwarranted” market concerns about its financial position will...
The Pakistani rupee continued its downward slide for the sixth straight session, falling 0.68% against the dollar on Friday, taking its decline this week to nearly 8% and for the...
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...
Ratings agency Fitch on Tuesday revised its outlook on Pakistan to negative from stable, citing a deterioration in the country’s external liquidity position and financing conditions as well as the...
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...
The International Monetary Fund (IMF) said on Thursday it had reached a preliminary agreement with Pakistan to revive a $6 billion bailout package for this impoverished Islamic nation, which...
