Pakistan’s economy faces sustained inflationary pressure amid rising global oil prices and regional instability, with growth ...
The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 151st consecutive day on Thursday. Meanwhile, ...
The Pakistani rupee is expected to remain under pressure in the coming months, with a majority of market participants ...
The Pakistani rupee has fallen 20% against the dollar this year, Bloomberg reported. That's after spiking in October, as demand for the rupee surged on a clampdown on illicit dollar transactions. But ...
MUMBAI, May 8 (Reuters) - The Indian rupee weakened sharply to log its steepest fall in more than two years on Thursday as the ongoing India-Pakistan conflict hurt the currency alongside the country's ...
As part of its efforts to fight skyrocketing inflation during a period of low foreign reserves, Islamabad is taking action to eliminate the illegal dollar trade after the Pakistani rupee hit a record ...
The Pakistani rupee has become the top performer in global currency markets. It gained 8% from a record low in early September, after a government clampdown on illicit dollar trade. The currency's ...
KARACHI, Pakistan, Aug 24 (Reuters) - The Pakistan rupee PKR=PK ended at a record closing low of 300.2 on Thursday, breaching a psychological barrier of 300 to the U.S. dollar, central bank data ...
ISLAMABAD (Reuters) - Emerging markets currency turmoil and higher oil prices are putting increasing pressure on Pakistan's central bank to devalue the rupee for a fifth time in a year, analysts said ...