KARACHI: The rupee is in for a rough ride next year, industry sources and currency experts have warned, insisting that the local currency might face a significant devaluation as its current facade of stability is not backed by economic fundamentals. To back up their assertion, experts point to the current fiscal year’s data indicating troubling trends. For instance, remittances dropped …
Read More »Declining inflows signal tough year for rupee, experts warn
December 17, 2023