Pakistan: Rupee witnesses sharp decline due to dwindling foreign reserves
May 17, 2022
Karachi [Pakistan], May 17 : In the wake of the dwindling foreign reserves and the inflows taking more than expected time to support the exchange rate, Pakistan's Prime Minister Shehbaz Sharif chaired a meeting with the Exchange Companies Association of Pakistan (ECAP) on Monday to halt the rupee's free fall.