| 16 Dec 2017 10:52 | Khaleej Times |
The Pakistani rupee has witnessed volatility in the past week, losing as much as four per cent of its value as the State Bank of Pakistan allowed the currency to depreciate in a controlled manner.
more| 14 Dec 2017 17:37 | Voice of America |
The International Monetary Fund isn't happy about all the red ink and has questioned how Pakistan could pay back funds for a massive hydroelectric project that China has offered to build.
moreThe rupee started weakening after the central bank withdrew its support for the currency last Friday. Since then, the rupee has fallen as low as 110 per dollar after opening at 105.55 on Friday. It has mostly traded at 104 to 105 per dollar since ...
more| 13 Dec 2017 07:07 | DunyaNews Pakistan |
The country received nearly $20 billion in remittances globally, the country's second biggest source of income after exports, according to statistics from the State Bank of Pakistan. Nearly half of the remittances come from the Gulf region. However ...
more| 13 Dec 2017 02:26 | ArabianBusiness.com |
Pakistani expats are rushing to money exchanges to remit money home in the wake of a devaluation in the rupee, according to the activity registered by the UAE's trade body of money exchanges and foreign currency remitters.
more| 13 Dec 2017 00:33 | ARY NEWS |
KARACHI: In backdrop of the falling value of Pakistani rupee against the US dollar in local market, prices of petroleum products are feared to increase in the coming days.
more| 12 Dec 2017 07:18 | Bloomberg |
“There is more focus on dealing with economic issues now,” said Waqar Masood, a former Pakistani finance secretary. Pakistan is also targeting a 10 percent jump in exports this financial year after giving tax breaks to businesses, in a bid to reverse a ...
more| 12 Dec 2017 05:31 | DunyaNews Pakistan |
Dollar made hatrick and rose sharply against rupee. Dollar made a low of 109.30 rupee, made a high of 111 rupee while close at 110.64 rupee. During second day of the new week, dollar gained almost Rs 2.23 to Rs 110.64 while in the open market it rose ...
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