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Pakistan is facing a major economic crisis triggered by a series of corrupt and failed governments, military coups, rising international debts, no major exports
Karachi: The Pakistani currency maintained a freefall for a second consecutive day, plunging by a fresh 4.78 per cent (or Rs 12.87) to a new all-time low of Rs 268.30 against the US dollar on Friday, media reports said. On Thursday, the currency recorded
Islamabad: The Pakistani currency registered a historic low of Rs 255.43 against the US dollar on Thursday, local media reported. According to Dawn, the plunge in Pakistani rupee was seen after the government removed an “unofficial price cap on the exchange rate. Following the government’s move, the Pak currency slid 9.61 per cent, or Rs 24.5, to a record low of Rs 255.43