Pakistan has closed its airspace due to increasing tensions with India. The airspace will remain closed until 12 PM tomorrow. This decision comes after a rise in military tensions between the two countries. The Pakistan Airports Authority (PAA) issued a Notice to Airmen (NOTAM) about the closure. It affects all flights, both domestic and international. […]
increasing tensions with India
SBP sounds alarm: Watch dollar flow as tensions with India rise
In response to increasing tensions with India, the State Bank of Pakistan (SBP) has instructed commercial banks to closely monitor the outflow of US dollars. Officials fear that further escalation could raise demand for dollars, putting pressure on Pakistan’s already fragile economy. Currency dealers, however, say that so far there has been no unusual rush […]