The Executive Board of the International Monetary Fund (IMF) has agreed to temporarily increase the limits on members’ annual and cumulative access to Fund resources in the General Resources Account...
ISLAMABAD : During the first quarter of the current fiscal year 2022-23, China remained Pakistan’s largest trading partner and top investor, contributing $102.5 million or 23.83% of Pakistan’s FDI in...
KARACHI (Reuters) - Pakistan will be required to give an assurance that its balance of payments deficit is fully financed for the remaining period of an International Monetary Fund (IMF)...
KARACHI ) – The greenback on Monday dipped another Rs2.71 against the rupee in the interbank market after the market had witnessed an Rs9.34 slump in the dollar’s exchange rate...
LAHORE (Web Desk) With burden of sinking currency and decades-high inflation, Pakistan is now looking towards Saudi Arabia and the World Bank for more assistance to revive the much-need loan...
ISLAMABAD - The Industrial and Commercial Bank of China ((ICBC) has approved a rollover of $1.3 billion loan for cash-strapped Pakistan, which will help shore up its depleting foreign exchange...
LAHORE - The US dollar spiralled out of control as the Pakistani rupee depreciated Rs17.89 against the greenback during intra-day trade on Thursday amid political and economic uncertainty. The greenback...
KARACHI (Web Desk) - The country's Consumer Price Index (CPI)-based inflation clocked in at 31.5 per cent on a year-on-year basis in February this year as compared to an increase...
The Pakistani rupee plunged during Wednesday's trade as the market was jittery after the International Monetary Fund (IMF) asked the federal government to meet "new demands". The rupee fell 4.61...
ISLAMABAD: Officials engaged in talks with the International Monetary Fund (IMF) are perplexed over the changing attitude of the lender and called the new demands “deliberate efforts” to put pressure...