Weakening Currency To Make Car Ownership In Pakistan Increasingly Unobtainable
Autos / Pakistan / Mon 11 May, 2020
Key View
- Pakistan's automotive manufacturing industry is dominated by Completely Knocked Down kits (CKD), and virtually all other automotive components for local manufacturing are imported, which means that automakers will be highly exposed to currency fluctuations.
- Pakistan's rupee will continue weakening further in the near term as