While Pakistan’s currency appears to be the top performer for the month, it’s important to note that the country is grappling with a severe financial crisisPakistan’s rupee is on track to be the best-performing currency globally this month, benefiting from a government crackdown on illicit dollar trading, reports Bloomberg News.
The Pakistani rupee has surged nearly 6 per cent in September, defying the declines seen in many other currencies such as the Thai baht and South Korean won, which weakened against the US dollar amid speculations of prolonged elevated US interest rates.
