Pakistan In Crisis: Neighbor's Currency Drops Record Low At 299 Rupee Against The Dollar
Traders said the rupee fell 0.6% to an intraday low of 299 against the dollar. On May 11, it logged a record closing low of 298.93. That was two days after former prime minister Imran Khan was arrested on allegations of graft, plunging the country further into political turmoil.
Aug 22, 2023, 18:23 PM IST
State Bank of Pakistan says 3% currency drop to address external pressures, help economy
Pakistan`s central bank said on Wednesday a sudden 3 percent weakening of the rupee against the dollar would help the country`s external account and shore up economic growth.
Jul 05, 2017, 20:35 PM IST
