Pakistan, Aug. 1 -- The rupee is more than just a medium of exchange - it's a mirror of the nation's economic discipline, political credibility, and structural resilience. Yet, for too long, Pakistan's exchange rate has danced between artifice and panic, managed behind closed doors and misunderstood in public debate. As of mid-2025, with the currency trading around Rs?283 to the US dollar, the conversation once again centres on whether the rupee is being artificially suppressed, unjustifiably floated, or aligned with actual fundamentals.
Strip away the noise, and a clearer picture emerges: Pakistan's rupee is not free-falling, nor is it floating blindly. Multiple indicators now suggest that it is undervalued - modestly, but meaningfully....
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