A source close to the committee said that the old notes will be eased out of the market after five years. Till then they are to remain in circulation. (Reuters) Pakistan’s central bank is planning to ...

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 Pakistani rupee has emerged as the best performing currency in Asia after recording a notable appreciation against the US dollar over the past one year, as foreign currency inflows through the ...

Pakistani rupee-denominated investment via an unfunded partial credit guarantee of up to Rs33.6bn would support long-term ...

Pakistan fast-growing crypto market is colliding with evolving regulation, global political shifts, and Binance’s expanding ...

Amid its political unrest, Bangladesh has ditched India and joined forces with Pakistan raising the question of whether ...

Pakistan currency hit 21-month low at the international matrix of real effective exchange rate (REER) index, depreciating 1.22% to 96.61 points in June 2025, compared to the prior month of May, ...

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 ...

IFC made its first PKR-denominated investment in Pakistan, backing Engro Fertilizers with a PKR 33.6 billion guarantee to ...

Pakistan’s rupee slumped to a near four-year low against the U.S. dollar Tuesday, the latest move downward in an effective devaluation of the currency that had been kept steady against the greenback ...

IN 1918 a British army officer brought his frayed football to be repaired at a factory in Sialkot, a city in what is now Pakistan. Although more accustomed to making tennis racquets and cricket bats, ...