Pakistan maintained a fixed exchange rate till 1982, converting to a managed floating system that remained in place till the International Monetary Fund put its foot down in 2018. Averaged out, the Pakistani rupee has steadily weakened since it came into existence with the recent appreciation being an anomaly following weeks of speculation that artificially pushed up the value of the dollar. | Dawn.com

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34K views · 682 reactions | The Pakistani rupee has lost a fifth of its value against the dollar since the beginning of this fiscal year, as well as inflation expected to reach a 10-year-high. If these trends continue, Pakistan could be facing a major economic crash in the next years. Subscribe to KJ Vids - www.kjvids.co.uk/subscribe | KJ Reports | Facebook

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