Pakistan Devalues Rupee as It Prepares to Seek 13th IMF Bailout
A roadside money changer arranges stacks of Pakistani rupee coins in Karachi, Pakistan. (Photographer: Asim Hafeez/Bloomberg)

Pakistan Devalues Rupee as It Prepares to Seek 13th IMF Bailout

(Bloomberg) -- Pakistan devalued its currency while its stocks and bonds rose after the government said it would seek the nation’s 13th International Monetary Fund bailout since the late 1980s in a...
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