Fitch Solutions mentioned that their current forecast for the rupee to reach Rs 248 per dollar by year-end "is therefore now looking out of...

Ishaq Dar made the announcement in a televised address on Sunday. He said that the price of kerosene oil and light diesel oil were increase...

Earlier, the former chairman of Pakistan's Federal Board of Revenue Shabbar Zaidi has said that the country is "bankrupt" and it is better ...

The managed-float currency dropped more than 5 per cent in May and breached 150 per dollar.

Pakistan rupee dropped 3.6%, the most in more than five months, to 146.52 a dollar at close on Thursday.

"There is panic in the market and buying spree is going on but it will be addressed," an official of State Bank of Pakistan

The country's fifth devaluation since December, taking rupee losses to about 26 percent, had been expected and seen as a prerequisite for a...

Finance Minister Asad Umar on Monday said Prime Minister Imran Khan has endorsed the decision to seek assistance from the International Mon...

Downsizing of Pakistan's ratings came ahead of general election in the country on July 25.

The managed currency dropped 3.7 percent to close at 119.84 per dollar on Monday.

The central bank has been running down its reserves to defend the currency, which has been largely pegged against the dollar.

Rupee closed at 107 per dollar at close on the interbank market, after falling as low as 109.5 per dollar.

Pakistan’s current-account deficit more than doubled to $12.1 billion in the year through June.

Pakistan’s current account gap more than doubled to $12.1 billion in the year ended June.

The rupee fell 3.1 per cent to 108.1 against the dollar at 2:29 p.m. local time on Wednesday.

Rashtriya Swayamsevak Sangh claimed that FDI in retail sector would "facilitate" flow of money from India to foreign countries.

The rupee was devalued by 36.5% in 1966 on weak macro-economic indicators.