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afghanistan dollar escape

Politics & Governance

Combating Currency Smuggling: A Priority for Pakistan’s Economic Stability

According to Bloomberg, the exchange rate of $1 to 124.18 Afghanis from last year has now reached 89.96 Afghanis, making it the strongest reaction against the dollar globally. Meanwhile, the Pakistani rupee depreciated by 37% during this period, which is the largest drop against the dollar worldwide. It seems like we don’t need enemies with these economic developments.

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