> 'The figures are unbelievable': Pakistan rupee plunges to all-time low against the dollar / 337W4XE
00:00
00:00 / 00:00
'The figures are unbelievable': Pakistan rupee plunges to all-time low against the dollar / 337W4XE
Clip ID 2171922
Creator AFP
Clearance
Proxy
Add to
Share
Add to Review Link
By Request
By Request assets are not available for immediate purchase.
h264 | 1920x1080 | 202.33 MB
Per clip rates are for 20 seconds of final usage. If you are using more then 20 seconds or need a different file format or have questions about clearances contact us
Description
The Pakistani rupee has plunged to an all-time low against the US dollar after Islamabad lifted an exchange cap in an effort to unlock a vital bailout from the IMF. The country is gripped by an economic crisis, with its currency falling as low as 255.43 rupees to the dollar. The previous official low of 240 rupees was recorded in July 2022, with Pakistan's economy suffering from political chaos and devastating floods. "I have never seen this situation in my life" says Jabbar Surfraz, an investor at the Pakistan Stock Exchange, "these figures are unbelievable, we didn't expect this bad a situation." IMAGES AND SOUNDBITES