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Pakistan's crackdown on black market dollar trading has strengthened the rupee, but traders say under-the-counter deals have ...
The United States and Pakistan reached a trade agreement expected to allow Washington to help develop Pakistan’s largely untapped oil reserves and lower tariffs for the South Asian country, officials ...
A deputy chief of Pakistan's spy agency met currency exchange firms this week to address a sharp slide in the rupee, ...
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 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 ...
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 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 ...
Pakistan faces a 29% tariff on exports to the US under President Donald Trump’s measures to target countries with large trade surpluses with the US. Pakistan’s surplus was around $3 billion in ...
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.
Smuggling across Pakistan’s borders with Iran and Afghanistan is going on at a massive scale. Much foreign exchange is lost to this illegal trade.
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