KARACHI – The Pakistani currency further recovered its value against theU.S. dollar on Wednesday.
The local currency gained 6 paisa in the interbank and hit Rs156 againstthe greenback during the early trade hours.In the open market, it followed similar trend by gaining 5 paisa andhitting Rs156.15.
On Sunday, the World Bank forecasted Pakistan’s economic growth to slowdown for the next two years as it faces yet another macroeconomic crisisdue to massive twin deficits and low foreign reserves.
