This currency is now the world’s top performer, after rebounding from record lows
Publishing timestamp: 2023-10-17 22:23:03
Summary
The Pakistani rupee has rebounded from its all-time low and is now the world's top performing currency. This is largely due to a government crackdown on illegal dollar trade. However, the strength of the rupee raises questions about the country's economic fundamentals, as Pakistan's economy is facing challenges such as high inflation and debt.
Sentiment: MIXED
Keywords: world economy, forex markets, currency markets, pakistan, prices, us dollar/thai baht fx spot rate, asia economy, business news, us dollar/korean won fx spot rate,