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Pakistan’s economic stability is backed by real reforms, rising reserves, low inflation, and IMF-supported recovery, says ...
With its economy on the brink, Pakistan is turning to cryptocurrency not as a choice, but as a last-ditch gamble to escape ...
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 ...
The current currency crisis is near-identical to one in the run-up to the last election in 2013, which was won by Sharif. Weeks after taking power, PML-N obtained a $6.7 billion IMF bailout.
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Daily Times on MSNBorrowed Time, Borrowed DollarsPakistan's economy has long resembled a wagon pulled in opposing directions, with each change in leadership offering fresh ...
The odds of Pakistan facing a currency crisis surpassed 50% after devastating floods lashed the country, killing hundreds and displacing millions, a Bloomberg Economics risk model revealed on Tuesday.
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 ...
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 ...
When Pakistan has previously found itself in this predicament, it has turned to the IMF for help. The country’s policymakers are adamant they will not do so again.
The political crisis has contributed to a huge exodus of foreign capital and exacerbated the country’s economic problems. As much as $1.2 billion a month was fleeing Pakistan in the northern summer.
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 ...
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