News

The odds of Pakistan facing a currency crisis in the next 12 months now exceed 50% following floods that killed thousands of people and displaced millions more, a Bloomberg Economics risk model ...
Pakistan's crisis is so bad that it has put its embassy property in Washington on sale, and directed shopping malls, wedding halls, restaurants, and markets to close early to conserve energy ...
A sharp $220.58 million worth of goods crossed into Pakistan from across the eastern border. Last year, it was slightly lower ...
Whoever wins next week's election in Pakistan will have to urgently resolve a currency crisis that threatens to put the brakes on the fast-growing economy, with the most likely solution being ...
Currency issues and cost-of-living crises in Pakistan are inextricably linked. A more expensive dollar makes fuel more expensive, and these price increases are quickly reflected in daily essentials.
Pakistan’s currency endured its worst week in more than two decades, reflecting investors’ worries that the country risks following Sri Lanka to become the next emerging economy to default on ...
Pakistan’s balance of payment crisis stems from a rising trade deficit, which in turn results from rising imports, which touched a record $60.898 billion at the end of the previous fiscal year.
Pakistan official’s advice amid economic crisis: Drink less tea The suggestion has been met with scorn in the South Asian nation, which is struggling to pay for tea imports as foreign currency ...
Pakistan economic crisis worsens, currency sees highest 1-day crash in 20 years The foreign exchange companies had removed a cap on the Pakistani rupee-dollar exchange rate. This was a key demand ...
With its economy on the brink, Pakistan is turning to cryptocurrency not as a choice, but as a last-ditch gamble to escape ...