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 ...

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

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 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 ...

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

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 ...

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 ...

Fitch Ratings has affirmed Pakistan’s long-term foreign currency rating at ‘B-’ with a stable outlook. The agency cited progress on fiscal consolidation and macro stability, while warning that energy ...

The Pakistani rupee has fallen 20% against the dollar this year, Bloomberg reported. That's after spiking in October, as demand for the rupee surged on a clampdown on illicit dollar transactions. But ...

New Delhi: The Radcliffe Line refers to the boundary drawn by British lawyer Sir Cyril Radcliffe during the 1947 partition of British India. This line divided the provinces of Punjab and Bengal into ...

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 ...