IMF Sees Pakistan’s Currency Overvalued as Loan Program Near End

  • Rupee ‘broadly’ overvalued by 5 percent to 20 percent: Finger
  • Weak commodity prices, rupee responsible for falling exports

Pakistan’s currency is overvalued by as much as 20 percent and is contributing to the country’s declining exports, along with low commodity prices, power outages and security concerns, according to the International Monetary Fund.

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