Tag Archives: Pakistani rupee

IMF Approves $3 Billion Bailout Program for Pakistan

The International Monetary Fund’s board has given its approval to a significant bailout program of $3 billion for Pakistan. This move includes the immediate disbursement of approximately $1.2 billion, aimed at stabilizing the economy of this South Asian nation. Last month, Pakistan and the IMF reached a staff-level agreement, securing a short-term pact that provided… Read More »

Massive Gain of Pakistani Rupee in Interbank Market After IMF Deal

The Pakistani rupee witnessed a significant surge in the interbank market on Tuesday, following a breakthrough deal with the International Monetary Fund (IMF). Bullish Trend in Currency Market Inspired by Pakistan Stock Exchange (PSX) Taking inspiration from the remarkable 5.9% surge in the Pakistan Stock Exchange (PSX) during the first trading session on Monday, the… Read More »