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Can Imran inspire a change of sentiment in the Pakistani rupee? - Khaleej Times
Two weeks have passed since an atmosphere of hope and optimism swept Pakistan, following Imran Khan's ascension as the country's prime minister. The positive atmosphere was also reinforced by news on July 30 that the Pakistani rupee jumped 5.4 per ...altro »
Pakistan's financing crunch starts to bite - East Asia Forum
Interest on external government borrowing, stagnating exports, a mounting import bill and an overvalued Pakistani rupee have all contributed to the precipitous decline of Pakistan's foreign currency reserves over the past two years. These reserves were ...altro »
Pakistani Rupee Remains Stable Against the Dollar - RS-Tech (blog)
On Tuesday the Pakistani rupee remained stable against the dollar at Rs124.1/124.3 against Rs124.1/124.3 on Monday. After Chiba decided to give $2 billion in loans to Pakistan, the rupee value has gone up against the US dollar.
Latest gold, forex rates in UAE - Emirates 24|7
Emirates 24|7 brings you the daily Dubai gold rate (22k, 24k, 21k and 18k), as well as currency exchange rates, including the Indian rupee, Pakistani rupee, Philippine peso, Sri Lankan rupee, sterling pound, euro and may more against the UAE dirham (US ...
Pakistani Rupee Drops to Rs125 against the dollar - RS-Tech (blog)
The rupee was sold between Rs125.3-125.5 in the kerb market and at Rs124.4 in the inter-bank market. Exchange Companies Association of Pakistan (ECAP) General Secretary Zafar Parachi said that there are two reasons for rupee devaluation one of ...
Indian rupee yet to hit bottom, downward trend to continue - Khaleej Times
Analysts attribute the rupee's fall mainly due to India's widening trade deficit and the greenback's persistent strengthening against emerging market currencies such as the Pakistani rupee, British pound, Iranian rial and Turkish lira, among others ...altro »
Pakistan rethinks its role in Xi's Belt and Road plan - Financial Times
Pakistan is in the middle of a financial crisis and must decide in the coming weeks whether to turn to the IMF for its 13th bailout in three decades, as pressure on the Pakistani rupee makes the burden of servicing foreign currency debt more onerous.
Pakistan to raise import duties to head off currency crisis - Financial Times
In an effort to stabilise the Pakistani rupee and cut the current account deficit, Mr Umar announced that tariffs would be raised on 5,000 goods, including powerful cars, more expensive mobile phones and jewellery. Mr Umar also announced several ...altro »
Imran Khan visits Saudi Arabia in first overseas trip as Pakistan prime minister 'to seek financial aid' - The Independent
It would certainly not be unprecedented. Saudi Arabia loaned Pakistan $1.5bn (£1.14bn) in 2014, just six months after Islamabad's last bailout from the IMF. The money was used to strengthen Pakistan's rupee currency. In official statements, Pakistan's ...
Imran Khan Mocked For Daily Chopper Rides As Pak Goes On Austerity Drive - NDTV
The auction on Monday raised about 200 million Pakistani Rupees ($1.6 million), government official Mohammad Asif told local Geo TV. That is just one-tenth of the amount he had predicted, and only 61 of just over 100 vehicles were sold. The event had ...