KARACHI: The Pakistani rupee is under increasing pressure as demand for dollars rises, while exchange companies are struggling with a severe shortage of cash dollars.

Currency experts have warned that administrative measures aimed at supporting the rupee may backfire, especially in the face of unforeseen events such as the recent flood devastation across the country.

Despite the growing demand for dollars and a reduction in supply, the rupee has managed to appreciate since the government crackdown and stricter monitoring in July. However, experts believe that the current trend could be unsustainable if demand continues to outstrip........

© Dawn Business