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"Russian Oil Wasn't An Issue": Raghuram Rajan's Take On US Tariffs On India
The import of Russian oil was not the central reason for the Donald Trump administration's imposition of a hefty 50 per cent tariff on Indian goods in the United States, according to former Reserve Bank Governor Raghuram Rajan.
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China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
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IMF's Debt Dilemma Looms After Pak Election: Central Bank's Ex Governor
The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country's debt situation, a former central bank governor of the South Asian nation said.
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Pakistan Banks Turn to Blockchain Technology to Update Customers' KYC Details Amid Economic Turmoil
Banks in Pakistan have decided to develop a know-your-customer (KYC) platform using blockchain technology in order to strengthen the country’s efforts to curb money-laundering. With a blockchain-based KYC platform, financial institutions will be able to minimise onboarding costs for bank users.
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Pakistan Central Bank Hikes Interest Rate To Record High Level Amid Inflation
The State Bank of Pakistan has increased the interest rate by a massive 300 basis points (bps) taking it to a record-high level of 20 per cent, in accordance with the conditions set by the International Monetary Fund.
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Pakistan To Get $700 Million Loan From China: Finance Minister
Pakistan's all-weather ally China has approved a loan of USD 700 million and the funds will be transferred to the central bank this week, Finance Minister Ishaq Dar announced today as the cash-strapped country tried to avert a financial crisis.
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Cash-Strapped Pakistan To Repay $1 Billion Next Week, 3 Days Before Deadline
Pakistan's central bank chief said on Friday that the cash-strapped country would repay a USD 1 billion international bond on December 2, three days before its due date.
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"Looks Like UFO": Video Of Pakistan Groom With Currency Garland Shocks Internet
Years ago, India's central bank had said that bank notes should be respected as they are a symbol of the sovereign and people should not misuse them.
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Cash-Strapped Pakistan Gets $2.3 Billion From China
Pakistani Finance Minister Miftah Ismail said on Friday that a loan of USD 2.3 billion from a Chinese consortium of banks had been credited to the central bank's account.
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Crypto Sector Could Suffer in Pakistan as Its Central Bank Looks to Ban Cryptocurrencies: Report
Pakistan, that houses the third largest number of crypto users in the world, is deciding if it should ban the crypto sector all-together. The country’s central bank has told the Sindh High Court that cryptocurrencies are illegal and unusable as trade assets.
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"Russian Oil Wasn't An Issue": Raghuram Rajan's Take On US Tariffs On India
The import of Russian oil was not the central reason for the Donald Trump administration's imposition of a hefty 50 per cent tariff on Indian goods in the United States, according to former Reserve Bank Governor Raghuram Rajan.
-
China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
-
IMF's Debt Dilemma Looms After Pak Election: Central Bank's Ex Governor
The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election and how to assess the country's debt situation, a former central bank governor of the South Asian nation said.
-
Pakistan Banks Turn to Blockchain Technology to Update Customers' KYC Details Amid Economic Turmoil
Banks in Pakistan have decided to develop a know-your-customer (KYC) platform using blockchain technology in order to strengthen the country’s efforts to curb money-laundering. With a blockchain-based KYC platform, financial institutions will be able to minimise onboarding costs for bank users.
-
Pakistan Central Bank Hikes Interest Rate To Record High Level Amid Inflation
The State Bank of Pakistan has increased the interest rate by a massive 300 basis points (bps) taking it to a record-high level of 20 per cent, in accordance with the conditions set by the International Monetary Fund.
-
Pakistan To Get $700 Million Loan From China: Finance Minister
Pakistan's all-weather ally China has approved a loan of USD 700 million and the funds will be transferred to the central bank this week, Finance Minister Ishaq Dar announced today as the cash-strapped country tried to avert a financial crisis.
-
Cash-Strapped Pakistan To Repay $1 Billion Next Week, 3 Days Before Deadline
Pakistan's central bank chief said on Friday that the cash-strapped country would repay a USD 1 billion international bond on December 2, three days before its due date.
-
"Looks Like UFO": Video Of Pakistan Groom With Currency Garland Shocks Internet
Years ago, India's central bank had said that bank notes should be respected as they are a symbol of the sovereign and people should not misuse them.
-
Cash-Strapped Pakistan Gets $2.3 Billion From China
Pakistani Finance Minister Miftah Ismail said on Friday that a loan of USD 2.3 billion from a Chinese consortium of banks had been credited to the central bank's account.
-
Crypto Sector Could Suffer in Pakistan as Its Central Bank Looks to Ban Cryptocurrencies: Report
Pakistan, that houses the third largest number of crypto users in the world, is deciding if it should ban the crypto sector all-together. The country’s central bank has told the Sindh High Court that cryptocurrencies are illegal and unusable as trade assets.
