According to experts, the surging dollar has shattered the confidence of rupee-based economy and its stakeholders.
The gloomy macros will continue to put pressure on the local unit, they said.
Meanwhile, the State Bank of Pakistan’s (SBP) foreign exchange reserves fell by $328 million to $10.558 billion during the week that ended on April 23, data released by the central bank showed.
WASHINGTON: Saudi Arabia has pledged an additional $3 billion in deposits for Pakistan and extended its existing $5 billion facility...
Pakistan is exploring multiple financing options, including Eurobonds, loans from friendly countries, and commercial borrowing, to replace a $3.5 billion...
Finance Minister Muhammad Aurangzeb arrived in Washington on Monday to participate in the World Bank Group and International Monetary Fund...
Islamabad: Pakistan has finalized arrangements to repay $4.8 billion in external obligations by the end of June 2026, with $3.5...
Pakistan has assured the International Monetary Fund (IMF) that it will implement timely electricity tariff adjustments and limit power sector...
The State Bank of Pakistan (SBP) introduced a fresh regulatory framework on Wednesday specifically for teenagers. This initiative allows young...
