Added: 2 years ago
From: geotv
Views: 329
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  • regarding 2:14 , for foreign exchange rates the rupee was stable against the dollar, fluctuating between Rs 60-65 for most part of Musharraf's era. It only increased hugley in current Zardari's government because of flight of foreign reserves (mismanagement + less liquidity and growth due to sub-prime mortgages fiasco worldwide), leading to increase in trade deficit and consequently currency devaluation.

  • very good report...

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