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Should Pakistan devalue its currency.
From:
Economic Review
| Date:
August 1, 1991| Author:
| COPYRIGHT 1991 Economic and Industrial Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Should Pakistan Devalue its Currency
Thanks to the sharp depreciation of Pakistan rupee over the last few years, Pakistan has been able to achieve a major success in the export field. This is in fact the most significant positive aspect of our economy that despite adversities, particularly the Gulf war, Pakistan's exports touched the high water-mark of over $ 6 billion last year. Drawing strength and inspiration from this performance, the government has fixed as export target of $ 8 billion for the current fiscal year and $ 10 billion in the next two years. The emerging ...
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