Pakistan: Rupee witness sharp decline due to dwindling foreign reserves

Karachi [Pakistan], May 17 (ANI): In the wake of the dwindling foreign reserves and the inflows taking more than expected time to support the exchange rate, Pakistan's Prime Minister Shehbaz Sharif chaired a meeting with the Exchange Companies Association of Pakistan (ECAP) on Monday to halt the rupee's free fall.

A Dawn report said on Monday that when the PML-N-led coalition government took over on April 11, the dollar w