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Tag Archives: Rupee in free fall as buyers make beeline for foreign currencies

Rupee in free fall as buyers make beeline for foreign currencies


September 1, 2023

KARACHI: The rupee’s free fall and the dollar’s seemingly unstoppable rise have made the former almost irrelevant to the economy as queues for purchasing the greenback are growing by the day. According to currency dealers, the finance minister’s statement that the situation was worse than she had realised, sent waves of shocks in the exchange rate market. Malik Bostan, President of the …

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