From 105.18 in 2018, it crashed under 300 in 2023 preceding moving back a couple of gains to the ongoing level of 279. The USD/PKR conversion rate has moved over every moving averages and is probably going to fall another 10 percent in the following three months as patterns look set for the following limit at 300, perhaps worse.
Policymakers should take on a new and innovative methodology that supplements PKR stability and urges monetary reforms to boost the benefits while relieving risks. Offsetting difficulties with long haul goals will be basic in improving the economy.
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