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ISLAMABAD: Pakistan and the International Monetary Fund (IMF) discussed the energy sector losses in the context of a cut in the circular debt during the current...
ISLAMABAD: Power sector firms of China Pakistan Economic Corridor (CPEC) in Pakistan had urged the caretaker government to guarantee timely payments against the sale of electricity...
ISLAMABAD: With continuous fall in the exchange rate, Pakistani authorities have been left with no other option but to request the International Monetary Fund (IMF) to...
Macy’s maintained its annual forecasts unchanged despite its second-quarter sales and profit topped market expectations as the luxury department store company anticipates continued pressure on consumer...
Rupee fell by 1.88 against greenback, closes at 299.01.Its previous record low was 298.93, which was hit on May 11.Analyst expects rupee to trade between 295...
Rupee took a hit against the dollar on Monday as the local currency depreciated by more than Re1 in the interbank market. According to the State...
KARACHI: Gold prices in Pakistan started the week on a positive note as they surged in line with the rupee’s depreciation against the dollar and gain...
KARACHI: The Pakistani rupee is expected to remain under pressure during the next week due to an increase in dollar demand as a result of the...
The leading cryptocurrency Bitcoin reached a fresh two-month low breaking out of its recent tight range as a wave of risk-averse sentiment rushed across global markets...
ISLAMABAD: The International Monetary Fund (IMF) structural benchmark for keeping the difference between interbank and open market rates for US dollar against the Pakistani rupee within...
