Pakistan c.bank says weaker rupee will help economy after apparent devaluation
07 Dec Pakistan c.bank says weaker rupee will help economy after apparent devaluation
Posted at 16:12h
in
News
by KMFSLLP
KARACHI/ISLAMABAD, Dec 8 (Reuters) – The Pakistani rupee
tumbled on Friday after what appeared to be an effective
devaluation by the central bank, which later said a weaker local
currency would help the economy grow and contain balance of
payments pressures.
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