Weak rupee drives up external debt

• Central govt debt jumps 29pc year-on-year to Rs64tr by August-end • Domestic, external loans rise to Rs39.8tr and Rs24.2tr, respectively • SBP reserves fall $21m to $7.62bn KARACHI: The central government’s debt, both within the country and to foreign entities, surged by nearly a third in the 12 months through August, reaching close to Rs64 trillion, State Bank of Pakistan data showed on Thursday. … Continue reading Weak rupee drives up external debt