With foreign currency reserves dwindling and the rupee trading at all time lows against the dollar, Pakistan is in danger of defaulting on its debt.

由于外汇储备下降，以及卢比对美元的汇率降到历史最低点，巴基斯坦面临无法偿付国际债务的风险。

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ON JANUARY 3rd Pakistan's central bank began printing rupee notes carrying the signature of Shahid Kardar, who was appointed governor of the State Bank of Pakistan in September.

1月3日，巴基斯坦央行开始执行Shahid Kardar的指令，开始印刷卢比。 去年9月他被任命为国家银行行长。

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On the monetary side, the IMF and Pakistan have agreed to continue 'flexible exchange rate' policy, which means that the State Bank would not intervene in the market to stabilise the rupee.

在金融方面，国际货币基金组织和巴基斯坦已经同意继续'灵活的汇率政策，这意味着国家银行不会干预市场，以稳定卢比。

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After he was deposed, he said, foreign direct investment dropped dramatically, the Pakistan rupee declined in value and economic growth stalled, all of which he blamed on the current government and not jihadist violence or other calamities in Pakistan.

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Alas, the government itself does not enjoy good standing in the credit market, and Pakistan Power, on its new projects, faces 17% on domestic rupee-denominated loans from Pakistani banks.

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Alas, the government itself does not enjoy good standing in the credit market, and Pakistan Power, on its new projects, faces 17% interest on domestic rupee-denominated loans from Pakistani banks.

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