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Pakistani rupee plummets as markets adjust to removal of unofficial controls | Haiti Gazette

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The content originally appeared on: CNN The Pakistani rupee fell 9.6% against the dollar on Thursday, central bank data showed - the biggest one-day drop in over two decades - in a slump that may persuade the International Monetary Fund to resume lending to the country. The drop comes a day after foreign exchange companies removed a cap on the exchange rate, a key demand of the IMF as part of a program of economic reforms it has agreed on […]

Source: Haiti News - Daily News from Haiti

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