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 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 ...

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 ...

The Kuwaiti Dinar (KWD) surged to a new high against the Pakistani Rupee (PKR), with the exchange rate climbing to 912.34 PKR as of today. This record-breaking milestone reflects the persistent ...

(Bloomberg) -- Pakistan has taken a first step toward reviving its bailout program with the International Monetary Fund by easing its control on the currency, which is among a slew of other decisions ...

On Wednesday, the Exchange Companies Association of Pakistan (ECAP) removed the cap on the U.S. dollar’s exchange rate. This prompted the Pakistani rupee to fall by 1.2 percent, to 243 against the U.S ...