With the rupee recouping some of its lost value against the dollar and stocks soaring to five-year highs on the day Prime Minister Shahbaz Sharif was sworn into office, the markets seem to have loved the premature transition of power in Pakistan.
The stock market is moving forward by leaps and bounds while the greenback is losing value every day against the Pakistani rupee. From 8-11 April, the dollar-rupee parity has plunged from a record high 180 rupees to 182 rupees in the inter-bank market.
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