Pakistan, May 8 -- Finance Minister Muhammad Aurangzeb convened an emergency meeting on Wednesday to assess the current financial landscape in light of escalating regional tensions, "following the recent belligerent Indian aggression".

According to a statement released by the Finance Division, the meeting was attended by the Governor of the State Bank of Pakistan (SBP), Chairman of the Securities and Exchange Commission of Pakistan (SECP), Secretary Finance, and senior officials from the Finance Division.

"In a comprehensive and strategic discussion revolving around the situation and functioning of equity, debt, FX and interbank markets, participants conducted a rapid risk assessment and evaluated the current threat perception with an e...