KARACHI – Pakistan’s foreign exchange reserves surged by $1.93 billion in a single week, reaching a total of $20.02 billion ...

Pakistan is reportedly planning to carry out studies in order to potentially launch a State-backed virtual ... Paper currency may be difficult to replace considering Pakistan’s economy is ...

This paper studies the implications of foreign currency deposits (FCDs) for international liquidity shortages in Pakistan. The analysis focuses on how the large volume of FCDs and the specific ...

State Bank of Pakistan Governor Jameel Ahmed told a Senate committee on banking and finance in Islamabad that all the existing paper currency notes are being redesigned with new security features ...

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Last year, the country was planning to introduce new digital currency regulations for electronic money institutions. In April 2019, Pakistan’s central bank announced plans to issue a CBDC by ...

This paper was written by Daniel Markey, a senior fellow at the Council on Foreign Relations, who handled the South Asia portfolio on the State Department’s Policy Planning staff from 2003 to 2007.

Pakistan’s central bank will experiment with a new polymer plastic currency banknote later this year while redesigning all the existing banknotes for enhanced security and hologram features. State ...

Pakistan to experiment with new currency notes made of polymer plastic Ahmed said the newly redesigned banknotes in the denominations of ₹10, 50, 100, 500, 1000 and 5000 would be issued in December ...