The Pakistani rupee is in a free fall and has plummeted by 32% against the US dollar during the last 12 months. The country barely has anything left in its 4x reserves. From 2015 to 2018, the exports dropped from 10.6% to 8.5% of the GDP. And on the flip side, imports rose from 17% to 19%.
In today's episode for 27th February 2023, we see what is ailing Pakistan's economy