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Pakistan: Currency Lows and Interest Rate Hikes

As the country waits on funds from the IMF, Pakistan's currency hits a historic low against the dollar and interest rates rise to 20%.

As the country waits on funds from the IMF, Pakistan's currency hits a historic low against the dollar and the Central Bank raises interest rates to 20%. We speak to the former Deputy Governor at Pakistan's Central Bank and a former IMF official to get perspectives from both sides.

We get reaction from the G20 meeting in India as angry exchanges over Russia's war in Ukraine dominated the talks.

And we hear about the new trend of de-influencers, telling us what not to buy.

(Picture: Laborers work at a wholesale market in Karachi, Pakistan, 02 March 2023. Credit: Photo by SHAHZAIB AKBER/EPA-EFE/REX/Shutterstock)

Available now

27 minutes

Broadcast

  • Thu 2 Mar 2023 22:32GMT