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8K views · 69 reactions | 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 | Facebook
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8K views · 69 reactions | 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 | Facebook
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