KARACHI: The Pakistani rupee weakened against the US dollar, depreciating 0.10% in the inter-bank market on Wednesday. At close, the currency settled at 284.96, a loss of Re0.29. On Tuesday, the currency settled at 284.67. Internationally, the US dollar rose alongside Treasury yields on Wednesday, which in turn kept pressure
ISLAMABAD: The International Monetary Fund (IMF) has asked the Ministry of Finance and the State Bank of Pakistan (SBP) to sit together and find a way forward for financing the Pakistan Remittances Initiative (PRI) – a scheme for facilitating remittances through formal channels. This was revealed by the finance secretary,
KARACHI: Pakistani rupee registered slight gain against the US dollar, appreciating 0.02% in the inter-bank market on Tuesday. At close, the currency settled at 284.67, a gain of Re0.05. On Monday, the currency settled at 284.72. Globally, the US dollar hovered near a three-week high versus major peers on Tuesday
ISLAMABAD: In a positive development, the government of the United Kingdom (UK) on Tuesday introduced e-Visas for Pakistani students and workers as part of an “improved” border and immigration system. “Most of main applicants travelling to the UK on study or work-related visas will no longer need a physical sticker
