{"id":54235,"date":"2023-01-26T07:20:54","date_gmt":"2023-01-26T12:20:54","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235"},"modified":"2023-01-26T07:20:54","modified_gmt":"2023-01-26T12:20:54","slug":"pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235","title":{"rendered":"Pakistan’s rupee plummets against the dollar as country’s government agrees to comply with IMF"},"content":{"rendered":"
\n

Cash-strapped Pakistan\u2019s<\/a> currency plunged Thursday against the dollar after the government indicated it was ready to comply with tough conditions set by the International Monetary Fund for the next tranche of its bailout package.<\/p>\n

Pakistan is seeking a crucial installment of $1.1 billion from the fund \u2014 part of its $6 billion bailout package \u2014 to avoid default. Talks with the IMF on reviving the bailout stalled in the past months.<\/p>\n

The rupee closed at 230 to the dollar on Wednesday. It slipped further, trading at 255 for $1 within hours of the market reopening<\/a> Thursday. The government did not immediately comment on the developments.<\/p>\n

INDIAN RUPEE HITS RECORD LOW<\/strong><\/a><\/p>\n

Analyst Ahsan Rasool says the rupee\u2019s decline is a sign that Pakistan was close to securing the much-needed loan from the IMF.<\/p>\n

INDIA SLOWS RATE OF NEW CURRENCY BEING INTRODUCED INTO ITS ECONOMY<\/strong><\/a><\/p>\n

The rupee’s slide comes days after Prime Minister Shahbaz Sharif said his government was ready to adhere to the “tough conditions of the IMF” to revive the $6 billion bailout package, which has been on hold for the past several months.<\/p>\n

Pakistan is currently grappling with one of the country\u2019s worst economic crisis amid dwindling foreign exchange reserves. That has raised fears that Pakistan could default, although Sharif insists it pulled the country from the brink of the default when it took over last year.<\/p>\n

Sharif has blamed Prime Minister Imran Khan and his government for the economic malaise<\/a>. Khan was ousted in a no-confidence in Parliament in April, and has since been campaigning for early elections.<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/world\/pakistans-rupee-plummets-against-dollar-countrys-government-agrees-comply-imf <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Cash-strapped Pakistan\u2019s currency plunged Thursday against the dollar after the government indicated it was ready to comply with tough conditions set by the International Monetary […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-54235","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nPakistan's rupee plummets against the dollar as country's government agrees to comply with IMF - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pakistan's rupee plummets against the dollar as country's government agrees to comply with IMF - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Cash-strapped Pakistan\u2019s currency plunged Thursday against the dollar after the government indicated it was ready to comply with tough conditions set by the International Monetary […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235\" \/>\n<meta property=\"og:site_name\" content=\"Wall Street PR\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/WallStreetPR\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-26T12:20:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2021\/06\/businessman-showing-business-evolution1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"715\" \/>\n\t<meta property=\"og:image:height\" content=\"423\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235#article\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36\"},\"headline\":\"Pakistan’s rupee plummets against the dollar as country’s government agrees to comply with IMF\",\"datePublished\":\"2023-01-26T12:20:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235\"},\"wordCount\":277,\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"articleSection\":[\"Market News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235\",\"name\":\"Pakistan's rupee plummets against the dollar as country's government agrees to comply with IMF - Wall Street PR\",\"isPartOf\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#website\"},\"datePublished\":\"2023-01-26T12:20:54+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Pakistan’s rupee plummets against the dollar as country’s government agrees to comply with IMF\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#website\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\",\"name\":\"Wall Street PR\",\"description\":\"Latest News From WallStreet\",\"publisher\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cablemanpro.com\/wallstreetpr\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#organization\",\"name\":\"Wall Street PR\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png\",\"contentUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png\",\"width\":537,\"height\":70,\"caption\":\"Wall Street PR\"},\"image\":{\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/WallStreetPR\/\",\"https:\/\/x.com\/WallstreetPRs\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg\",\"contentUrl\":\"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg\",\"caption\":\"admin\"},\"url\":\"https:\/\/cablemanpro.com\/wallstreetpr\/author\/admin\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Pakistan's rupee plummets against the dollar as country's government agrees to comply with IMF - Wall Street PR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235","og_locale":"en_US","og_type":"article","og_title":"Pakistan's rupee plummets against the dollar as country's government agrees to comply with IMF - Wall Street PR","og_description":"Cash-strapped Pakistan\u2019s currency plunged Thursday against the dollar after the government indicated it was ready to comply with tough conditions set by the International Monetary […]","og_url":"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235","og_site_name":"Wall Street PR","article_publisher":"https:\/\/www.facebook.com\/WallStreetPR\/","article_published_time":"2023-01-26T12:20:54+00:00","og_image":[{"width":715,"height":423,"url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2021\/06\/businessman-showing-business-evolution1.jpg","type":"image\/jpeg"}],"author":"admin","twitter_misc":{"Written by":"admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235#article","isPartOf":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235"},"author":{"name":"admin","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36"},"headline":"Pakistan’s rupee plummets against the dollar as country’s government agrees to comply with IMF","datePublished":"2023-01-26T12:20:54+00:00","mainEntityOfPage":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235"},"wordCount":277,"publisher":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization"},"articleSection":["Market News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235","url":"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235","name":"Pakistan's rupee plummets against the dollar as country's government agrees to comply with IMF - Wall Street PR","isPartOf":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#website"},"datePublished":"2023-01-26T12:20:54+00:00","breadcrumb":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/pakistans-rupee-plummets-against-the-dollar-as-countrys-government-agrees-to-comply-with-imf-54235#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cablemanpro.com\/wallstreetpr\/"},{"@type":"ListItem","position":2,"name":"Pakistan’s rupee plummets against the dollar as country’s government agrees to comply with IMF"}]},{"@type":"WebSite","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#website","url":"https:\/\/cablemanpro.com\/wallstreetpr\/","name":"Wall Street PR","description":"Latest News From WallStreet","publisher":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cablemanpro.com\/wallstreetpr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#organization","name":"Wall Street PR","url":"https:\/\/cablemanpro.com\/wallstreetpr\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/","url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png","contentUrl":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2019\/10\/brand-logo.png","width":537,"height":70,"caption":"Wall Street PR"},"image":{"@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/WallStreetPR\/","https:\/\/x.com\/WallstreetPRs"]},{"@type":"Person","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/6e00efa2abc413bdc0bca51a90c54d36","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cablemanpro.com\/wallstreetpr\/#\/schema\/person\/image\/","url":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg","contentUrl":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-content\/uploads\/2022\/09\/360_F_336393115_5gCUfwn76x3MJaCJMYDKLoRebkC8QyrL-300x300.jpg","caption":"admin"},"url":"https:\/\/cablemanpro.com\/wallstreetpr\/author\/admin"}]}},"_links":{"self":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts\/54235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/comments?post=54235"}],"version-history":[{"count":0,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/posts\/54235\/revisions"}],"wp:attachment":[{"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/media?parent=54235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/categories?post=54235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/tags?post=54235"},{"taxonomy":"stock_ticker","embeddable":true,"href":"https:\/\/cablemanpro.com\/wallstreetpr\/wp-json\/wp\/v2\/stock_ticker?post=54235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}