IMF loan delay, July worst month for Pakistani rupee

July was the worst month for the Pakistani Rupee due to concerns about the delay in getting loans from the IMF. 

According to foreign media, the value of Pakistani currency has decreased due to the lack of dollar.

The new political crisis cast doubt on funding from the IMF.

July was the worst month for the Pakistani rupee since 1989 due to a dollar shortage and delays in the International Monetary Fund’s bailout program.

In July, the Pakistani currency fell more than 14 percent against the dollar, the biggest drop in data compiled by Bloomberg since 1989, and the Pakistani currency was among the world’s worst depreciating currencies this month. I joined.