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View Full Version : Pakistan Rupee Falls to a Record on Speculation IMF Loans Needed - Bloomberg



NewsWhore
05-31-2012, 06:10 AM
Pakistan Rupee Falls to a Record on Speculation IMF Loans Needed (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE3kKhOQveOGX3kBqtnWiQ7W3gPng&url=http://www.bloomberg.com/news/2012-05-31/pakistan-rupee-falls-to-a-record-on-speculation-imf-loans-needed.html)
Bloomberg
The currency dropped as much as 1.3 percent, the most since 2009, before the central bank issued a rebuttal, saying there is “no risk in being able to make next year's IMF payments from our adequate reserves.” The rupee slid 0.9 percent to 93.8350 per ...

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