Pakistan is cracking down on illegal dollar trade after the rupee set a new record low this month and the stern measures are showing signs of initial success. “The crackdown against people ...

Pakistan's rupee is on track to be the best-performing currency worldwide this month, following the government's measures against unauthorised dollar transactions. The rupee saw a nearly six ...

At the closing, the dollar stood at Rs287.74, depreciating by Rs1.01, according to the State Bank of Pakistan. It stood at Rs 288.75 on Wednesday.

Pakistan’s clampdown against the illegal foreign-exchange trade have significantly improved remittances, Bloomberg reported on Tuesday. Remittances rose by 34 per cent to $14.8 billion in the ...

Amidst a decline in the rupee, Pakistan's military intervenes to stabilize its currency by cracking down on black market ...

Pakistan's rupee hit a record low on Wednesday, closing at 177.43 against the U.S. dollar, on the back of rising trade deficit, traders said.

Only by fostering self-sufficiency can Pakistan diversify its currency holdings and reduce its dependence on foreign aid, thereby bolstering economic autonomy and stability.

U.S. Chargé d’Affaires in Pakistan Elizabeth Horst on Monday called on Federal Minister for Finance and Revenue Senator ...