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Pakistan Expects to Avoid Rupee Devaluation in New IMF Talks

(Bloomberg) Pakistan’s new government does not anticipate any significant currency devaluation as part of its negotiations with the International Monetary Fund to unlock billions of dollars in lending and bolster the nation’s economic reform agenda. Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingRed Lobster Considers Bankruptcy

United statesSaudi arabiaWorld bankDistrict of columbiaKarl lesterm yapBloomberg businessweekShehbaz sharifWharton schoolJpmorgan chase coInternational monetary fundMinister muhammad aurangzebSustainability trustSharif facesEven tougher task second timeBanker takes chargePakistan economy

Pakistan expects to avoid rupee devaluation in new IMF talks | Eric Martin, Faseeh Mangi & Ranjeetha Pakiam

Pakistan expects to avoid rupee devaluation in new IMF talks | Eric Martin, Faseeh Mangi & Ranjeetha Pakiam
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Saudi arabiaUnited statesWorld bankDistrict of columbiaShehbaz sharifInternational monetary fundJpmorgan chase coWharton schoolMinister muhammad aurangzebSustainability trustMinister shehbaz sharifKarl lester

Korean Stocks, Won Fall as Election Results Cloud Reform Outlook

(Bloomberg) South Korean stocks declined after President Yoon Suk Yeol’s party suffered a significant loss in parliamentary elections, likely dealing a blow to his conservative capital market agenda.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will StickChinese Cement Maker Halted After 99% Crash in 15 MinutesS&P 500 Hit by Fed-Pivot Rethink and W

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Pakistan old-guard parties to form coalition, thwarting Khan

Shehbaz Sharif will be prime minister while Bhutto Zardari’s father, Asif Ali Zardari, will be nominated as president. | World News

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The Malaysian Ringgit is within a whisker of Its 1998 record low

The ongoing slide in the ringgit puts it a whisker away from a record low, and continued weakness in Malaysia’s exports as well as dollar strength may just push the currency past that level.

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