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In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in ...
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Canada and Pakistan established diplomatic relations in 1947. Canada is primarily represented in Pakistan by a high commission in Islamabad while maintaining consulates in Lahore and Karachi, as well as a trade office in the latter city. Pakistan is represented in Canada by a high commission in Ottawa and consulates in Toronto, Vancouver and ...
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. ... In Other News. Entertainment. Entertainment. People. Brad Pitt and girlfriend Ines de Ramon enjoyed a 'private' winter holiday in ...
The Pakistani rupee depreciated against the United States dollar until the turn of the century when Pakistan's large current account surplus pushed the value of the rupee up against the dollar. The State Bank of Pakistan then stabilized the exchange rate by lowering interest rates and buying dollars, to preserve the country's export ...
Top news headlines of 2024, month-by-month. ... killing more than 230 people and causing tens of billions of dollars in property damage.