The Washington-based global lender signed a Stand-by Agreement with Pakistan at the end of June to provide the country with a short-term loan for a period of nine months. Islamabad: The ...
The foreign exchange reserves of Pakistan have dropped below USD 3 billion, putting more pressure on the rupee and giving air to speculation of default and negatively impacting the equity ...
Pakistan Economic Crisis: The International Monetary Fund has requested additional information regarding the budget from Pakistan, as the country urgently needs to generate USD 10 billion in foreign loans. Islamabad: As ...
The Pakistani rupee slumped to an all-time low against the US dollar on Tuesday. New Delhi: In yet another setback for Pakistan’s already troubled economy, the Pakistani rupee slumped to ...