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 ...
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 ...
Pakistan is reportedly planning to carry out studies in order to potentially launch a State-backed virtual currency so that it can enhance its existing banking system, enable greater financial ...
The Pakistani rupee has firmed against the dollar in recent months, supported by these regulatory efforts. Image: Shutterstock Pakistan’s central bank has ordered foreign exchange dealers to process ...
TARIN KOT, Afghanistan – Traders in a restive Afghan province are reluctant to abandon using the Pakistani currency even after local authorities have threatened them with possible arrests. Businesses ...
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Pakistan on Wednesday signed a pact with a company linked to the family of US President Donald Trump to explore integrating a dollar-pegged stablecoin into its national payment system to enable faster ...
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International Monetary Fund officials are in Islamabad for make-or-break talks over unlocking a $7 billion bailout fund. IMF officials want to see Pakistan's government implement fiscal reforms before ...