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Tag: economic issues
Pakistani Rupee Faces Potential Depreciation as IMF Loan Program Looms
The Pakistani rupee has seen a slight recovery of 0.02% against the US dollar, reaching Rs285.35 in the interbank market.…
IMF Urges Pakistan to Address Currency Market and Present Revised Budget Framework
The International Monetary Fund (IMF) has called upon Pakistan to eliminate the dual exchange rate system and share a revised…
Rupee Faces Further Depreciation in Open Market Amid Dollar Shortage
The Pakistani rupee is likely to face more pressure in the open market next week as a shortage of the…
SBP Projects Substantial Decline in Pakistan’s Economic Growth, Citing Control Measures and Flood Impact
The State Bank of Pakistan (SBP) has provided a grim assessment of the country's economic prospects, stating that growth for…
Pakistan’s Current Account Registers Second Consecutive Monthly Surplus
In a positive development for Pakistan's economy, the current account recorded a surplus for the second consecutive month in April.…
Pakistan Faces Uphill Battle in Meeting IMF’s $8 Billion Bailout Review Requirement
The International Monetary Fund (IMF) has reportedly urged Pakistan to procure a substantial amount of $8 billion to successfully conclude…