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Rupee Faces Further Depreciation in Open Market Amid Dollar Shortage

National
The Pakistani rupee is likely to face more pressure in the open market next week as a shortage of the dollar persists. However, in...

SBP Projects Substantial Decline in Pakistan’s Economic Growth, Citing Control Measures and Flood Impact

National
The State Bank of Pakistan (SBP) has provided a grim assessment of the country's economic prospects, stating that growth for the current fiscal year...

Pakistan’s Current Account Registers Second Consecutive Monthly Surplus

World
In a positive development for Pakistan's economy, the current account recorded a surplus for the second consecutive month in April. The surplus amounted to...

Pakistani Rupee Exhibits Signs of Recovery Against US Dollar

National
In a positive development, the Pakistani rupee (PKR) demonstrated a slight improvement against the US dollar in the interbank market, as confirmed by the...

Pakistan Faces Uphill Battle in Meeting IMF’s $8 Billion Bailout Review Requirement

Breaking News
The International Monetary Fund (IMF) has reportedly urged Pakistan to procure a substantial amount of $8 billion to successfully conclude its bailout review. This...

Saudi Fund for Development signs $240m loan agreement with Pakistan for a sustainable energy project

National
The Saudi Fund for Development (SFD) has signed a loan agreement worth $240 million with Pakistan to support the Mohmand Multipurpose Dam Project, aimed...

Pakistan’s Economy Faces Challenges as US Dollar Gains Against the Rupee

World
The US Dollar continued its upward trend against the Pakistani Rupee on Friday, gaining a record 25 paisas in the interbank trading. The local...

Saudi Arabia funds Pakistan’s Dam

World
Saudi Arabia has signed a $240 million loan agreement with Pakistan to support the Mohmand Dam project in the northwestern Khyber Pakhtunkhwa province. The...

Pakistani Rupee Rises on Hopes of IMF Bailout Revival

National
The Pakistani rupee has gained over 1% against the US dollar in interbank trade on hopes of a revival of the International Monetary Fund...

Pakistani Rupee Gains on Saudi Arabian Loan Promise

National
The Pakistani rupee has experienced significant gains against the US dollar, climbing 1.21% in the inter-bank market on Thursday after reports of expected inflows...

Pakistan receives confirmation of $2bn deposit from Saudi Arabia as IMF deal inches closer

National
Pakistan has received confirmation from Saudi Arabia for $2bn in additional deposits, according to the International Monetary Fund (IMF), renewing hopes of an early...

Pakistan’s Rupee Hits All-Time Low at 288 Against USD as IMF Loan Program Remains Delayed

Government
Pakistan's currency, the rupee, has reached a new all-time low against the US dollar, hitting Rs288 in the interbank market. This depreciation comes amid...
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