By Ali Ousat Foreign exchange is a strategic lifeline that links Pakistan to the global economy. From remittances sent by ...

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 State Bank of Pakistan (SBP) reported on Thursday that its foreign exchange reserves increased by $141 million during the ...

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 ...

ISLAMABAD, Jan. 1 (Xinhua) -- Foreign exchange reserves of the State Bank of Pakistan (SBP) increased by 13 million U.S. dollars during the past week, the central bank said on Thursday. During the ...

After the February 2024 elections, Pakistan's newly elected government will face the crucial task of rescheduling its foreign debt payments amidst failing export earnings. With its current outstanding ...

Pakistan’s Finance Minister Muhammad Aurangzeb recently stated that the nation’s government is looking into integrating digital currency transactions within the Asian country’s financial ecosystem.

KARACHI/SINGAPORE (Reuters) -Pakistan’s central bank is preparing to launch a pilot for a digital currency and is finalising legislation to regulate virtual assets, Governor Jameel Ahmad said on ...

Pakistan’s foreign exchange reserves dropped to the lowest level in three years as assistance from multilateral lenders and friendly countries is yet to flow. The stockpile fell by $303 million to ...