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Rupee falls as IMF loan excitement wanes

Rupee falls as IMF loan excitement wanes

KARACHI, (MANEND NEWS): Rupee fell against the dollar on Monday as the excitement around the International Monetary Fund (IMF) stand-by arrangement waned, and the local unit came under pressure from the demand for US dollars

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Rupee falls by nearly Rs2 against dollar

Rupee falls by nearly Rs2 against dollar

KARACHI, (MANEND NEWS): Pakistani currency maintained its downward trend for the second consecutive working day on Monday, falling by a fresh 0.68%, or Rs1.90, to a two-week low at Rs279.80 against the US dollar in

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Pakistan gets crucial $2bn Saudi funds

Pakistan gets crucial $2bn Saudi funds

(MANEND NEWS): Pakistan has received $2 billion from Saudi Arabia, Finance Minister Ishaq Dar announced Tuesday, a major development for the cash-bleeding nation struggling to meet external payments. Multilateral and bilateral funds were a major

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CPEC projects garnered $25b direct investment

CPEC projects garnered $25b direct investment

ISLAMABAD, (MANEND NEWS): The China-Pakistan Economic Corridor (CPEC), a flagship project of the Belt and Road Initiative (BRI), has witnessed remarkable progress in Pakistan, attracting direct investments worth US$25.4 billion from China over the past

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