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US current tariff policy on China won’t work, says IMF

The United States tariffs on China won't fix the trade deficit, and neither will weakening the US dollar through interest rate cuts, the International...

Pak-rupee devalued against greenback in Kerb and Interbank market

KARACHI: The dollar crossed the Rs 157 mark in the open market and the Rs 155 mark in the interbank market on Friday evening. It...

Pak-rupee gains 50 paisas to close at Rs 152.50 against US...

KARACHI: The Pakistani rupee slightly gained against the greenback in the open market for a second consecutive day on Thursday, recovering after hitting record...

Asad Umar to raise the Pak-rupee devaluation issue in NA finance...

ISLAMABAD: Former finance minister Asad Umar, while responding to the matter of sudden devaluation of rupee against the US dollar, said on Thursday that...