The Central Bank of Afghanistan has initiated the promotion of the Afghani currency in the country’s southwestern region since last week and is likely to ban the use of Pakistani currency soon, reported Khaama Press.
ATC-1 Judge Abual Hasnat Muhammad Zulqarnain approved Imaan’s bail application with a surety bond of Rs 10,000 (Pakistani currency) and prohibited local authorities from arresting the human rights lawyer in any new cases.
The Pakistan International Airline (PIA) has sought a bailout package worth Rs 23 billion Pakistani currency (approx. 75 million USD) from the government to continue its services amid the huge debt burden.
It is expected that the increase in electricity tariffs per unit could be Pakistani currency (PKR) Rs 3.50–6, which could result in an additional burden of Rs 144.688 billion on the consumers from July 1, 2023.
Kabul [Afghanistan], October 3 (ANI): In a significant escalation of ties between Afghanistan and Pakistan, the Taliban has banned the use of Pakistani Rupees in Afghanistan.
Islamabad [Pakistan], August 25 (ANI): International investors are losing confidence in Pakistan amid a deteriorating economy and intensified political uncertainty.
Karachi [Pakistan], August 6 (ANI): Owing to rising inflation, high energy prices and the depreciating Pakistani currency, Finance Minister Miftah Ismail on Saturday warned that economic hardships would continue till September.
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.
Islamabad [Pakistan], July 26 (ANI): Pakistan rupee depreciated at a record low against the US dollar on Tuesday as it dropped to PKR 231 against the dollar in the interbank market, local media reported.
Islamabad [Pakistan], July 25 (ANI): The Pakistani rupee has dropped to a record low against the US dollar with the exchange rate sliding to PKR 230, local media reported on Monday.
Islamabad [Pakistan], July 22 (ANI): The Pakistani rupee on Friday surpassed all prior records against the US dollar after hitting a fresh record low of PKR 228 against the dollar in the interbank market.