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The Pakistani rupee lost over Rs14, or 5%, against the US dollar in the outgoing week as the cash-strapped economy spirals deeper into a financial crisis...
The rupee on Friday plunged to a historic low against the dollar after Prime Minister Shehbaz Sharif’s said that the International Monetary Fund (IMF) is giving Pakistan “a...
KARACHI: A healthcare crisis may take ground in Pakistan as commercial banks are unable to open the letters of credit (LCs) for the import of x-ray films in...
KARACHI: The rupee lost its ground against the dollar in the interbank market on Thursday after recovering for two straight sessions as the “optimism surrounding the government and International...
ISLAMABAD: In order to break the deadlock with the International Monetary Fund (IMF) and pave the way for striking a staff-level agreement, the government is expected...
ISLAMABAD: The Pakistan Telecommunication Company Limited (PTCL) is ready to unleash its non-binding offer to acquire Telenor Pakistan, which is a cellular and digital services provider, The News reported Tuesday. The telecommunication...
Gold prices in Pakistan roared to a new record high Monday, while the rupee continued to whimper versus the dollar after being thrown to the mercy...
The rupee continued to lose its value on Monday, trading at an all-time low of 270 against the dollar in the interbank market as of 11:59am. The...
ISLAMABAD: Pakistan is expected to witness an aggravating gas crisis in February as an Italy-based LNG trading company, ENI, intimated that it will not be able to deliver its...
ISLAMABAD: Despite efforts to conserve foreign exchange reserves by restricting imports, Pakistan spent $1.2 billion (or Rs 259 billion) on the import of transportation items, including...
