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Pakistan’s foreign remittances fall in November, exchange rate against US dollar declines

Islamabad [Pakistan], December 23 (ANI): In Pakistan the exchange rate witnessed a persistent decline against the US dollar for the last several months because of the fall in foreign remittances by 6.6 percent despite contradicting claims by Pakistan economic managers.
Despite claims by Pakistan’s economic managers that the exchange rate would move in two ways, the rupee is persistently on the decline against the dollar.