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Government of Pakistan last week reached a preliminary agreement with the IMF for $6 billion bailout. After that move Pakistan’s currency has reached a new all-time low against the dollar. The currency dropped to 146 against US Dollar.
Pakistan is facing major economic challenges, with declining foreign exchange reserves, diminishing growth and increasing trade deficit.
Pakistan’s currency reaches all-time low against U.S. dollar
Pakistan is facing major economic challenges, with declining foreign exchange reserves, diminishing growth and increasing trade deficit.
Pakistan’s currency reaches all-time low against U.S. dollar