Life & Style
Depreciates Rs0.65 against US dollar on Wednesday to a new all-time low
Closes at Rs172.78 against greenback owing to uncertainty about IMF talks
Analysis based on worsening terms of trade, increased flow of dollars into Afghanistan, says rating agency
Rupee has maintained its downturn since hitting the 22-month high of Rs152.27 in May 2021
The fiscal and monetary policies need to work in tandem, interest rate needs to be adjusted upwards.
The SBP injected $1.2 billion into the inter-bank market to defend the rupee in the ongoing fiscal year 2021-22
IMF asked Pakistan to end state control of rupee and let currency move freely to find equilibrium
In September Pakistani rupee became the worst-performing currency in Asia
On September 2, Pakistani rupee became the worst-performing currency in Asia
IMF asked Pakistan to end state control of rupee and let currency move freely to find its equilibrium against dollar
Pakistan has decided it will not evacuate its citizens from China to counter the threat of the fast-spreading corona virus. Do you agree with the decision?
Polls are non-scientific, reflect only the online audience and can be manipulated.
Advice for youngsters
Excessive phone use
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