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#IMF

Pakistan receives $700mn from IMF

Pakistan's Economic Reforms Garner International Support as IMF Releases $700 Million Tranche. In a significant boost to Pakistan's economic reform efforts, the International Monetary Fund (IMF) has disbursed a $700 million loan tranche…

PSX crosses historic 58,000 points mark

KARACHI: The Pakistan Stock Exchange (PSX) surged past the 58,000-point level for the first time ever on Wednesday. According to market experts, traders are showing confidence in the market following a successful review by the…

Rupee makes recovery against US dollar

The Pakistani rupee gained 83 paise against the US dollar in the interbank market on the back of investor enthusiasm over a staff-level agreement between Pakistan and the International Monetary Fund (IMF), a private news channel reported on…