Since a week value of US dollar is continuously decreasing in Pakistan intra-bank market during intra-day trading. Today the US$ falls under Pkr 170 against Pkr and is trading at Pkr 169.8 against the highest Pkr 175.27 on October 26.
Pakistani Ruppee has shed a total of Pkr 5.47 against US$ and finally falls under 170.
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Moody’s has upgraded Pakistan’s credit rating from Caa2 to Caa1, shifting the outlook from positive to stable, citing notable improvements...
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