Pakistan is cracking down on illegal dollar trade after the rupee set a new record low this month and the stern measures are showing signs of initial success. “The crackdown against people ...

Pakistan's rupee is on track to be the best-performing currency worldwide this month, following the government's measures against unauthorised dollar transactions. The rupee saw a nearly six ...

At the closing, the dollar stood at Rs287.74, depreciating by Rs1.01, according to the State Bank of Pakistan. It stood at Rs 288.75 on Wednesday.

Amidst a decline in the rupee, Pakistan's military intervenes to stabilize its currency by cracking down on black market ...

Pakistan’s clampdown against the illegal foreign-exchange trade have significantly improved remittances, Bloomberg reported on Tuesday. Remittances rose by 34 per cent to $14.8 billion in the ...

Only by fostering self-sufficiency can Pakistan diversify its currency holdings and reduce its dependence on foreign aid, thereby bolstering economic autonomy and stability.

Pakistan's rupee hit a record low on Wednesday, closing at 177.43 against the U.S. dollar, on the back of rising trade deficit, traders said.