The National Bank of Pakistan (NBP) on Friday issued updated buying and selling rates for major foreign currencies, ...

As part of its efforts to fight skyrocketing inflation during a period of low foreign reserves, Islamabad is taking action to eliminate the illegal dollar trade after the Pakistani rupee hit a record ...

Pakistan’s foreign exchange companies sold $646 million to banks in the first quarter of fiscal 2026, a 14% decline from $750 ...

Finance Minister Muhammad Aurangzeb says Pakistan's reform momentum and economic liberalization can set the stage for an ...

KARACHI/PESHAWAR, Pakistan, Sept 14 (Reuters) - When the military was called on to help defend Pakistan's ailing currency, licensed foreign exchange traders cheered while their black market rivals in ...

On Wednesday, the Exchange Companies Association of Pakistan (ECAP) removed the cap on the U.S. dollar’s exchange rate. This prompted the Pakistani rupee to fall by 1.2 percent, to 243 against the U.S ...

Pakistan’s money exchange companies will let the currency drop slowly in the open market after deciding to abolish the limit on the dollar-rupee rate. The Exchange Companies Association of Pakistan ...

IMF wants Pakistan to adopt market based exchange rate Pakistan desperately needs IMF funding Banks to be told to supply dollars to exchange companies Artificial cap of Pakistani rupee encouraged ...