Tue, 21-Oct-2025

US Dollar plunges to all time high in the interbank

US Dollar plunges to all time high

With a 1.64 rupees increment, one dollar has raised to 205.50 PKR in interbank On September 17, 1971, right after the partition of East Pakistan, the government of Pakistan opted for US dollars as the country’s foreign exchange currency During the Zia ul Haq era, the US Dollar elevated for the first time in the … Read more

State Bank to receive IMF loan worth $2.77 billion on August 23: Tarin

Finance Minister Vows To Make E-commerce More Sustainable Through Digitization

ISLAMABAD: The central bank will receive the International Monetary Fund’s (IMF) unconditional loan worth $2.77 on August 23, 2021, a senior government official said on Thursday. In a hurriedly called press conference, Finance and Revenue Minister Shaukat Tarin said that the IMF has approved the largest-ever distribution of monetary reserves of $650 billion to boost … Read more