Explained: What does Pakistan’s rupee dropping to record low mean for the cash-strapped nation? – Firstpost
A currency trader counts Pakistani Rupee notes as he prepares an exchange of US dollars in Islamabad. File image/Reuters Pakistan, it seems, is freefalling. As the Shehbaz Sharif-led country grapples with skyrocketing food prices and hours-long blackouts, the nation’s currency tumbled to a record low on Thursday.Pakistan’s rupee plummeted to a record low of Rs … Read more