Mind boggling fall in Pak rupee due to miscommunication: FM
Pakistan Finance Minister Ishaq Dar blamed miscommunication by âindividualsâ and institutions for the rupeeâs biggest fall in nine years. Dar said rupeeâs 3.1% drop on Wednesday against the dollar was âmind bogglingâ and there was no reason to weaken the currency. The State Bank of Pakistanâs Deputy Governor wasnât aware of the decline, Dar said, which will be probed.