Iran Rial Investment: People in Pakistan are buying cheap Iranian rials. However, experts say this is a very risky investment ...

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 ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. (Bloomberg) -- Pakistan has taken a first step toward reviving its bailout program with the International Monetary Fund by easing ...

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 ...

The Pakistani rupee is set to end the year as Asia’s worst-performing currency and the losses are seen extending into 2024. The currency has fallen about 20% against the dollar this year and analysts ...

ISLAMABAD (Reuters) - The Pakistani rupee plunged about 7 percent on Tuesday in an apparent central bank devaluation, while the stock market snapped a six-day skid after the government said it plans ...

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 ...