Is the rupee too weak to recover? - Business - DAWN.COM - DAWN.com

The currency’s value will continue to be determined essentially based on forex demand and supply, which the SBP can influence.

In the absence of enough forex reserves, the State Bank of Pakistan (SBP) may only continue watching from the sidelines as the rupee falls from one all-time low to another over the past few months, a… [+5427 chars]

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