Will Pakistan Become The First Nuclear Power To Go Bankrupt? – Analysis

By Yuan Yujing*

On January 26, at the close of the official trading day, the Pakistani rupee (PKR) fell 9.61% against the U.S. dollar, setting a record for the largest one-day drop in more than two decades, and once again raising concerns about Pakistan’s debt crisis.

Dong Tao, managing director and the vice chairman for...