Pakistani rupee falls to record low of Rs 287.29 against US dollar

Pakistan Economic Crisis: The Pakistani rupee sank to Rs 287.29 against the US dollar, a record low as the cash-strapped country still struggles to get International Monetary Fund (IMF) funding. This comes at a time when foreign reserve exchange also stands at a critical level of only USD 4.24 billion (as of March 24, 2023).

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