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Floods - Pakistan: IMF to provide $1.1 billion amid catastrophic floods
The crisis has prompted the Pakistani government to consider resuming trade with India
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Dollar to PKR: Rupee gains against dollar
Dollar to PKR: The rupee strengthened by 2.42 percent to 219.50 against the US dollar. The rupee strengthened by 2.42 percent.
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Flood-Hit Pakistan Saved From Default as IMF Approves Revival of Bailout Funds
The International Monetary Fund on Monday approved the revival of a bailout loan program for Pakistan, whose economy has been worsened by monsoon floods.
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IMF revives Pakistan's stalled $6bn programme
The International Monetary Fund (IMF) executive board Monday approved the seventh and eighth review of the stalled $6 billion Pakistan
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Pakistan says IMF approved revival of huge loan programme
The move will release $1.17bn in funds to the cash-strapped country, Pakistan’s Finance Minister Miftah Ismail says.
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