The South Asian country this week suffered a horrific bombing attack on a mosque that took at least 100 lives. On Jan. 24, the country's 230 million residents were hit with a nationwide blackout. At ...

The Prime Minister’s Office has sought progress on proposed currency swap agreements with the EU, Russia, Iran and ASEAN states as part of financial sector reforms. The finance ministry has also been ...

In the world economy, a country’s currency is often seen as an indicator of its financial stability and its ability to carry out international trade. A stronger currency usually carries greater ...

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 PM's Office asked the concerned ministries last week to provide an update on reforms that have been implemented, are in ...

(Bloomberg) -- Pakistan has taken a first step toward reviving its bailout program with the International Monetary Fund by easing its control on the currency, which is among a slew of other decisions ...

KARACHI/PESHAWAR, Pakistan, Sept 14 (Reuters) - When the military was called on to help defend Pakistan's ailing currency, licensed foreign exchange traders cheered while their black market rivals in ...

ISLAMABAD, July 5 (Reuters) - Pakistan on Tuesday approved imports from neighbouring Afghanistan in exchange for local currency, a move mainly aimed at buying coal to help ease an energy shortage. The ...

New Delhi: The Radcliffe Line refers to the boundary drawn by British lawyer Sir Cyril Radcliffe during the 1947 partition of British India. This line divided the provinces of Punjab and Bengal into ...

International Monetary Fund officials are in Islamabad for make-or-break talks over unlocking a $7 billion bailout fund. IMF officials want to see Pakistan's government implement fiscal reforms before ...