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Currency dealers, financial experts attribute Pakistani currency’s stability to army-backed measures

  • Pakistani rupee has appreciated by over 3% in interbank and 10% in open market since a crackdown against hoarders, smugglers
  • Financial experts call for other measures, such as increased exports, to ensure long-term results in the currency market
By KHURSHID AHMED    ·

Pakistan’s military helps stifle currency black market to stabilize rupee

By Reuters ·

Pakistan’s national currency makes historic recovery against USD in open market — currency dealers

By KHURSHID AHMED    ·

Pakistani rupee hits record low over evasive IMF bailout deal, political turmoil

By KHURSHID AHMED  ·

Moody’s downgrades Pakistan’s currency and debt ratings, changes outlook to ‘stable’ 

By KASHIF IMRAN ·

Saudi Arabia remains largest source of remittances to Pakistan in January 2023

By KHURSHID AHMED    ·

Global credit rating agency says Pakistan’s external position under significant stress

By Reuters ·

Pakistan’s currency to weaken further, exacerbate inflationary pressure – Fitch Ratings

By Arab News Pakistan ·

Pakistan finance minister blames ex-PM Khan for current economic meltdown

By KASHIF IMRAN ·

Pakistan, Egypt, Turkey among seven emerging economies facing currency crisis

By Reuters ·

Pakistani rupee plunges to new record low against dollar amid rising demand for imports

By KHURSHID AHMED    ·

Pakistan equities shed 518 points as national currency continues to recover against USD

By KHURSHID AHMED    ·

Pakistan’s volatile currency hits another historic low of Rs200 against US dollar

By KHURSHID AHMED    ·

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