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Finance & Markets

Pakistan secures IMF deal for $1.21bn financing

The International Monetary Fund has reached a staff-level agreement with Pakistan for about $1.21 billion. The deal could provide fresh financing after approval from the IMF Executive Board. Pakistan remains focused on maintaining economic stability amid several external risks. The proposed amount includes around $1 billion under the Extended Fund Facility. Another $210 million could […]

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Rupee records gain against US dollar

The Pakistani rupee extended its marginal gains against the US dollar in the interbank market on Thursday. The local unit closed the day at 277.01, a gain of Re0.01 against the greenback.

More from Thursday 8 October →