Crisis – Rayrice Forex News

Crisis

Pakistan’s economic crisis is going from bad to worse: report

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ANI | Updated: January 22, 2023 15:44 IST Islamabad [Pakistan]January 22: Pakistan’s economic crisis is going from bad to worse. Foreign exchange reserves in the State Bank of Pakistan (SBP) recently touched a two-week low of $4.343 billion. This is only due to the inefficiency of the political class and the over-involvement of the military … Read more

Zimbabwe’s foreign exchange crisis worsens

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Exit customers in the Harare GraniteSide Industries area have been using the local currency POS platform due to network problems. To circumvent the suspected POS challenges, the exit encourages potential customers to use foreign currency instead. As Zimbabwe’s dollar depreciates against major currencies, the situation at granite food outlets is affecting many businesses across the … Read more