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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?
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 ...
Currency issues and cost-of-living crises in Pakistan are inextricably linked. A more expensive dollar makes fuel more expensive, and these price increases are quickly reflected in daily essentials.
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 ...
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 ...
A deepening political crisis in Pakistan has spooked investors and risks fresh street protests amid a corruption probe into Prime Minister Nawaz Sharif. ... Currency Crisis Rattle Pakistani Leaders.
Pakistan's central bank has devalued the currency four times since December, weakening the rupee by more than 20 percent, amid efforts to avert a balance of payments crisis in the $305 billion ...