1.3. The U.S. dollar exchange rate fell from $1 = 142 rupees to $1 = 163 rupees...

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1.3. The U.S. dollar exchange rate fell from $1 = 142 rupees to $1 = 163 rupees in the immediate aftermath of the IMF bailout deal being announced. What is the likely impact of this currency devaluation of the Pakistani economy?

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