Tue, 21-Oct-2025

Rupee recovers Rs 2.25 against dollar

US Dollar plunges to all time high

KARACHI: The Pakistani rupee gained Rs 2.25 to reach Rs199.76 on Friday as the government met the International Monetary Fund’s (IMF) condition of slashing the subsidy on the prices of fuel. The local unit recovered Rs2.25 to close at Rs199.76 to the dollar from Thursday’s closing of Rs202.01 in the interbank foreign exchange market. The … Read more

Pakistan gets huge relief in repayment of external loans

external loans

Pakistan has received huge relief in timely repayment of external loans, including the IMF, G20 countries, Saudi Arabia and China. According to the details, after the Paris Club, Saudi Arabia and China have also been assured to defer repayment of Pakistan’s loans from May 1 to December 31. Following the announcement of the relief, Pakistan … Read more