Is the worst over for Pakistani economy?
The Pak Rupee is gaining strength against US dollar and trade gap also shrinking but major problems of the economy are still there
The economic crisis is not over yet. Some economic indicators have improved in July. The imports have declined 38% compare to June. The Rupee has recovered some of its lost value against dollar. But inflation is still rising and reached at 14 years high of 24.9% in July. The exports have shrunk nearly 23% in July compare to June.
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