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A growing dollar shortage in Pakistan’s interbank market is triggering fresh volatility in the exchange rate. With ongoing geopolitical tensions, including the Iran-Israel conflict and recent skirmishes between Pakistan and India, banks are now offering rates above official levels to attract remittances, while importers are paying a steep premium to secure dollars. Banks Raise Rates …
Continue reading “Dollar Crunch Sparks Exchange Rate Instability Amid Regional Tensions”
Prime Minister Shehbaz Sharif met with Azerbaijani President Ilham Aliyev on Tuesday in Lachin. The visit comes at a critical time, as both nations seek to enhance Pakistan-Azerbaijan cooperation in defence, trade, and diplomacy amid rising regional tensions. Gratitude for Support During Standoff During their meeting, PM Shehbaz expressed gratitude to Azerbaijan for its strong …
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Deputy Prime Minister and Foreign Minister Ishaq Dar landed in Beijing on Monday to begin a three-day official visit aimed at strengthening Pakistan-China relations. The visit comes at a crucial time, following recent military tensions between Pakistan and India after the Pahalgam incident. Warm Welcome and High-Level Agenda Dar was received at the airport by …
Continue reading “Dar Arrives in Beijing for Crucial Talks Amid Regional Tensions”
