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Pakistan's political instability worsens economic crisis in country
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], September 4 (ANI): Pakistan is on the verge of economic collapse due to depleting foreign exchange reserves and spiralling inflation, and the political instability in the country has further worsened the economic crisis. The general public had lost trust in the capabili
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Pakistani rupee registers worst month in 50 years, depreciates by 14.5 pc
Updated : 3 years, 10 months ago IST
Islamabad [Pakistan], July 31 (ANI): The Pakistani currency depreciated by 14.5 per cent against the US dollar, registering its worst month in over 50 years as the country continues to struggle with high import payments, depleting foreign exchange reserves, and political uncertainty.
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Pakistan bans import of non-essential luxury items to 'stabilize economy'
Updated : 4 years ago IST
Islamabad [Pakistan], May 20 (ANI): Pakistan has announced a ban on the import of 38 non-essential luxury items under 'emergency economic plan' amid the record fall of country's currency against the US dollar, on account of the rising import bill, and depleting foreign exchange reserves.
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