Pakistani rupee hits record low on political turmoil

mahikarnam · 08-11-2008, 05:26 PM

The Pakistani rupee weakened to a record low of 72.95/05 to the dollar in early trade on Monday as analysts said political uncertainty and poor economic fundamentals weighed on the currency.
The rupee was trading at 72.91/96 against the dollar, data showed.

myinvestorsplace · 10-14-2008, 04:09 PM

The Pakistan's economy is under crisis as the stock market also plunged this year. The Karachi Stock Exchange put a floor under share prices on Aug. 27 in a bid to protect smaller investors from further losses.

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08-11-2008, 05:26 PM	#1 (permalink)
mahikarnam Status: Senior Member Join Date: Jun 2008 Posts: 176	Pakistani rupee hits record low on political turmoil The Pakistani rupee weakened to a record low of 72.95/05 to the dollar in early trade on Monday as analysts said political uncertainty and poor economic fundamentals weighed on the currency. The rupee was trading at 72.91/96 against the dollar, data showed.

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10-14-2008, 04:09 PM	#2 (permalink)
myinvestorsplace Status: Junior Member Join Date: Oct 2008 Posts: 1	The Pakistan's economy is under crisis as the stock market also plunged this year. The Karachi Stock Exchange put a floor under share prices on Aug. 27 in a bid to protect smaller investors from further losses. MyInvestorsPlace - trading, value, investing, forex, stock, market, technical, analysis, systems