The Pakistani rupee’s 14 per cent precipitous fall since last Thursday has raised fears that Pakistan may be the next emerging market to default. The currency hit this all-time low …
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Rising inflation in Pakistan
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EconomyLatest UpdatesNationalPolitics
SBP asserts its foreign currency reserves have not gone dry
by Hamza Irshadby Hamza IrshadAccording to SBP, Pakistan’s reserves have decreased by another $234 million to close slightly below $15 billion. The central bank’s portion of these reserves is a little under $9 billion.