Credit intelligence agency Fitch Solutions said in its Country Risk & Industry Research report that a weakening PKR will have broader economic implications but also at the same time invite IMF support for the longer-term outlook as it would help ease Pakistan’s balance of payments crisis, reported 24NewsHD TV channel on Tuesday.
Fitch says the PKR devaluation was triggered by the decision among local foreign exchange companies to remove a self-imposed cap on the exchange rate on January 25. According to the agency, its current forecast for the rupee to reach Rs248/USD by year-end is looking out of date. It said, “We believe that the rupee’s weakness still has further to run particularly with Pakistan’s balance of payments position likely to remain weak for several more months to come. That said, there remains a considerable amount of uncertainty at this juncture.
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
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