Pakistan’s economy is facing a serious threat as the country is rapidly moving towards bankruptcy. US Dollar reached 200 against Pakistan’s rupee today in the open market.
With the devaluation of the rupee, destabilized market, and depleting reserves there is no good news for Pakistan these days. The political turmoil is resulting in the destabilization of the market and as a result, it is pushing the country towards bankruptcy.
Economic experts have warned the government to take steps to control this situation. It is suggested to declare an economic emergency in the country.