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IMF advises Pakistan not to create a preferred investors' group and to ensure transparency

The IMF has advised cash-strapped Pakistan against creating a group of preferred investors or disto…

PTI   


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Hoarding, smuggling and drug trade by mafias bleeding Pakistan's economy: Report

A detailed report by Pakistan's Intelligence Bureau (IB) on smuggling, tax evasion, drug trade, hoa…

ANI   


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India reached moon, hosted G20 Summit, we are begging for funds, laments former Pak PM Nawaz Sharif

Addressing a meeting of his party, PML(N), former Pakistan Prime Minister said that India reached t…

ANI   


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Kargil Vijay Diwas: A tale of valour and sacrifice

Kargil Vijay Diwas, commemorated annually on July 26th, stands as a testament to the Indian Army's …

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Pakistan is South Asia's weakest economy: World Bank report

Pakistan is in the news for its economic meltdown amid natural disasters, food shortages, and po…

ANI   


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Honda closes its plant in Pakistan due to financial crunch

Amid the ongoing financial crunch in Pakistan, another car maker company Honda on Wednesday announc…

ANI   


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Pakistan to issue new notes to combat counterfeit currencies

Pakistan's central bank has announced that it will introduce new currency notes with enhanced secur…

PTI   


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India, xenophobic? US President Joe Biden says India and Japan’s economy are bad because of xenophobia, compares to China and Russia

In a recent campaign fundraising event, US President Joe Biden sparked controversy by labelling US …

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11 mins read

Welcome to the Dollar War the global battle that will decide the fate of America's economy

The dominance of the US dollar is slipping — and this global currency fight will determine wh…

Phil Rosen   


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Pak, IMF commence negotiations for release of $710 million second tranche of $3 billion loan

Porter "appreciated the government's commitment" to meeting the first-quarter targets, the Mini…

PTI   


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Pakistan central bank increases policy rate by 100 basis points to 21%

The State Bank of Pakistan (SBP) has increased the policy rate by 100 basis points to 21 per cent t…

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Economy resilient, but sensitive to global headwinds: RBI article

With headline inflation beginning to show signs of easing, the domestic macroeconomic outlook appea…

PTI   


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Pakistan forex reserves slip to $4.3 billion, can cover 3 weeks of imports says Financial Post

In addition, remittances in July-December 2022 period were recorded at USD 14.1 billion, which i…

ANI   


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Pakistan's remittances decrease 10.5% in Sept

Pakistan's remittances decrease 10.5% in Sept

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Pakistan facing worst economic crisis ever as its rupee plunges, says Asian Lite report

The Pakistani currency had to forego 12 per cent of its value, leading to the hike in petrol and d…

ANI   


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Tough times ahead for Pakistan as talks with IMF fails over bailout package

Pakistan is seeking a USD 7 billion bailout package from the IMF to prevent the collapse of the eco…

ANI   


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Pakistan's FDI plunges 52% in four months says a Dawn report

On Monday, the Pakistan State Bank issued the latest data, showing the FDI fell to USD 348.3 millio…

ANI   


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Pakistan's total debt surges to Rs 12 trillion in first quarter

In the fiscal year, 2022-2023, in July-September the debt and liabilities stood at Rs 62.46 trillio…

ANI   


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Pakistan pumps run out of petrol, disrupts routine life of people says a Dawn report

Amid a severe economic crisis, most of the petrol pumps in the Punjab region of Pakistan ran out of…

ANI