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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 ...
When Pakistan has previously found itself in this predicament, it has turned to the IMF for help. ... → Pakistan faces a currency crisis. Who will help?
Economic crisis in Pakistan seems to be worsening by the day. Its currency witnessed its biggest one-day decline in over two decades to 262 against the dollar. After 9.6% fall it recovered a bit ...
The political unrest that’s engulfed Pakistan since former Prime Minister Imran Khan was arrested earlier this week will complicate efforts to secure a financial lifeline from the International ...
Data from the State Bank of Pakistan showed the rupee hitting 188.14 to the dollar. The depreciation in the open, or unofficial, markets was even higher, currency dealers said. Political crisis.
Pakistan's crisis is so bad that it has put its embassy property in Washington on sale, and directed shopping malls, wedding halls, restaurants, and markets to close early to conserve energy ...
Whoever wins next week's election in Pakistan will have to urgently resolve a currency crisis that threatens to put the brakes on the fast-growing economy, with the most likely solution being ...
With its economy on the brink, Pakistan is turning to cryptocurrency not as a choice, but as a last-ditch gamble to escape ...
The Pakistan rupee dropped to a historic low of 191 rupees to the dollar Thursday as an ongoing political crisis rocked confidence in the currency. The rupee has been declining for months, but the ...
The political crisis has contributed to a huge exodus of foreign capital and exacerbated the country’s economic problems. As much as $1.2 billion a month was fleeing Pakistan in the northern summer.
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