Islamabad [Pakistan], June 9 (ANI): Putting Islamabad in a tight spot, the International Monetary Fund (IMF) has asked Pakistan to renegotiate the China-Pakistan Economic Corridor (CPEC) energy deals before making payments of around Pakistani rupees 300 billion to the Chinese power plants.
Islamabad [Pakistan], June 8 (ANI): The Pakistani rupee on Tuesday surpassed all prior records against the US dollar after shedding sheds Rs 2.77, or 1.37 per cent, against the US dollar in the interbank market.
Islamabad [Pakistan], June 6 (ANI): Amidst Pakistan's failure to address the financial issues concerning the CPEC projects, Prime Minister Shehbaz Sharif has directed the country's State Bank to hold meetings with the Chinese banks for bilateral trade using China's Renminbi (RMB) and Paki
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.
Islamabad [Pakistan], May 19 (ANI): The Pakistani rupee dropped to a new historic low in the interbank market amid increasing political pressure on the government to announce an early election.
Karachi [Pakistan], May 18 (ANI): While the local currency of Pakistan continues to be on the slippery ground, the Pakistani rupee touched a critical low of 200 in the open market against the US dollar on Wednesday.
Islamabad [Pakistan], May 12 (ANI): Ahead of the delay in the revival of the International Monetary Fund (IMF) programme and falling foreign currency reserves, the Pakistani rupee hit an all-time low against the US Dollar, crippling the country's economy further.
Islamabad [Pakistan], May 9 (ANI): The Pakistan Stock Exchange (PSX) started on Monday on a gloomy note after KSE-100 took a fall of 1,543 points in intraday trading.
Islamabad [Pakistan], May 2 (ANI): Pakistan Information Minister Marriyum Aurangzeb on Sunday claimed that former Prime Minister Imran Khan has retained an official vehicle worth Pakistani rupees 150 million, reported local media.
Islamabad [Pakistan], April 20 (ANI): Pakistan Finance Minister Miftah Ismail on Wednesday revealed that the former premier Imran Khan's helicopter commute from his Bani Gala home to the PM secretariat cost the national exchequer 550 million Pakistani rupees in three years and eight months,
Islamabad [Pakistan], April 19 (ANI): The capping of oil prices, amounting to a subsidy of 150 billion Pakistani rupees per month, by the Imran Khan government towards the end of its tenure has become a major concern for the present government that sees it as a trap to sabotage the Shehbaz S