Karachi: The government’s warning to reign in currency speculation again pushed down the US dollar’s slide against the Pakistani rupee for the sixth consecutive session on Friday. Right after taking charge of the finance ministry earlier this week, Senator Ishaq Dar said that no one would be permitted to manipulate the foreign exchange market. The new finance czar also claimed that the value of the local unit was undervalued and he would seek to control inflation by lowering the interest rates.
