![since december the rupee has cumulatively shed over 21 of its value after the central bank reportedly abstained from intervening in response to the pressure due to a widening current account deficit photo file since december the rupee has cumulatively shed over 21 of its value after the central bank reportedly abstained from intervening in response to the pressure due to a widening current account deficit photo file](https://i.tribune.com.pk/media/images/1761276-imagexx-1531975069/1761276-imagexx-1531975069.jpg)
Published in The Express Tribune, July 19th, 2018.
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SBP has maintained that the slide in the rupee’s value is due to supply and demand dynamics of foreign exchange
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