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KARACHI: A widening trade deficit of as much as $32 billion is increasing pressure on Pakistan’s balance of payments as the ...
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 ...
Pakistan’s economy faces sustained inflationary pressure amid rising global oil prices and regional instability, with growth ...
Bad news for Pakistan: Amid the threats of war between India and Pakistan, the economy of both the countries is taking the toll and most importantly, the currencies of both the countries is ...
© 2026 Forbes Media LLC. All rights reserved.
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 Pakistani rupee has become the top performer in global currency markets. It gained 8% from a record low in early September, after a government clampdown on illicit dollar trade. The currency's ...