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The odds of Pakistan facing a currency crisis in the next 12 months now exceed 50% following floods that killed thousands of people and displaced millions more, a Bloomberg Economics risk model ...
Whoever wins next week's election in Pakistan will have to urgently resolve a currency crisis that threatens to put the brakes on the fast-growing economy, with the most likely solution being ...
When Pakistan has previously found itself in this predicament, it has turned to the IMF for help. ... → Pakistan faces a currency crisis. Who will help?
Authorities ordered shopping malls and markets to close by 8:30 p.m. as part of a new energy conservation plan aimed at easing Pakistan's economic crisis, officials said. K.M. Chaudary/AP hide caption ...
PESHAWAR, Pakistan — The government of Pakistan has come under criticism after an official urged people to drink less tea to help the country’s struggling economy.
GUJJAR KHAN, Pakistan — As he shouldered bales of straw for buffalo fodder and tossed them from a truck in 110-degree heat, Habib Gul, 58, ticked off the reasons he is angry at Prime Minister ...
Pakistan's crisis is so bad that it has put its embassy property in Washington on sale, and directed shopping malls, wedding halls, restaurants, and markets to close early to conserve energy ...
Currency issues and cost-of-living crises in Pakistan are inextricably linked. A more expensive dollar makes fuel more expensive, and these price increases are quickly reflected in daily essentials.
Pakistan on Tuesday raised electricity prices to match rising generation costs amid a global energy crisis and a heatwave, even as the country grapples with its highest inflation in over a decade ...
Pakistan economic crisis worsens, currency sees highest 1-day crash in 20 years The foreign exchange companies had removed a cap on the Pakistani rupee-dollar exchange rate. This was a key demand ...