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 ...

BankIslami, one of Pakistan's fastest-growing Islamic banks, has launched BIPL Exchange Company Private Limited, its ...

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 ...

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 ...

The odds of Pakistan facing a currency crisis in the next 12 months now exceed 50% following floods that killed thousands of people and displaced millions more, a Bloomberg Economics risk model showed ...

The Pakistani rupee has rebounded from an all-time low to become the world's top performing currency — and it still has room to strengthen. The currency plummeted to a record low of 307 rupees against ...

The security forces also recovered a paper slip mentioning several suspected Pakistani mobile numbers in the village.