Currency dealers in Karachi say the Iranian rial has strengthened during the conflict, with demand rising due to increased ...

By Zubair Yaqoob Pakistan’s pursuit of economic stability often centers on exports, remittances, and external financing. Yet ...

As part of its efforts to fight skyrocketing inflation during a period of low foreign reserves, Islamabad is taking action to eliminate the illegal dollar trade after the Pakistani rupee hit a record ...

The Prime Minister’s Office has sought progress on proposed currency swap agreements with the EU, Russia, Iran and ASEAN states as part of financial sector reforms. The finance ministry has also been ...

The Iranian rial (IRR) has witnessed a sharp surge in Pakistan's open currency market, with traders reporting a significant increase in its local value over the past few weeks.According to market data ...

The South Asian country this week suffered a horrific bombing attack on a mosque that took at least 100 lives. On Jan. 24, the country's 230 million residents were hit with a nationwide blackout. At ...

Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- Pakistan has taken a first step toward reviving its bailout program with the International Monetary Fund by easing ...

KARACHI/PESHAWAR, Pakistan, Sept 14 (Reuters) - When the military was called on to help defend Pakistan's ailing currency, licensed foreign exchange traders cheered while their black market rivals in ...