Tag Archives: Miftah blames ‘political turmoil’ as PKR falls to record low against dollar

The rupee continued its fall in the interbank market on Wednesday, with the local currency sliding to a historic low of Rs225 against the dollar as Finance Minister Miftah Ismail said political turmoil was to blame for the downturn. “The panic in the market is primarily due to political turmoil, which will subside in a few days,” Ismail told Reuters, adding …

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