The Pakistani rupee fell 9.6% against the dollar on Thursday, central bank data showed — the biggest one-day drop in over two decades — in a slump that may persuade the International Monetary Fund to ...

Cash-strapped Pakistan’s currency plunged Thursday against the dollar after the government indicated it was ready to comply with tough conditions set by the International Monetary Fund for the next ...

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The Pakistani rupee (PKR) closed in green against the US Dollar (USD) for the 70th consecutive day on Wednesday to end 2025. Meanwhile, it posted gains ...

Pakistan’s rupee dropped to a record low on Wednesday to close at 169.12 against the U.S. dollar, a depreciation that some currency dealers blamed on an outflow of dollars to neighboring Afghanistan, ...

IMF wants Pakistan to adopt market based exchange rate Pakistan desperately needs IMF funding Banks to be told to supply dollars to exchange companies Artificial cap of Pakistani rupee encouraged ...

(Bloomberg) -- Pakistan’s rupee closed its best day in six weeks after reports that Ishaq Dar, known for his preference for a stronger currency, will be returning as finance minister. The rupee gained ...

The Pakistani rupee has fallen 20% against the dollar this year, Bloomberg reported. That's after spiking in October, as demand for the rupee surged on a clampdown on illicit dollar transactions. But ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...