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Uncertainty over the resumption of the International Monetary Fund’s (IMF) bailout programme for Pakistan and the rising political temperature after the ar..
South Asian currency plunged below 80 against the UAE dirham on Thursday
Analysts attribute decline to worsening political situation, Moody's warning that country could default sans IMF bailout.
Pakistan's international bonds also nudged lower with the 2024 issue down 0.4 cents on the dollar
As political uncertainty intensified across the country Wednesday following the arrest of Pakistan Tehreek-e-Insaf Chairman Imran Khan, the exchange rate was also affected, with the rupee falling...