What was the reported reason cited for Pakistan's rupee showing 'little visible adjustment' in mid-2026, according to economic commentary?
A
Excess capital controls
B
A currency peg policy reintroduction
C
Excessive foreign remittances
D
Near-motionless nominal exchange rate despite inflation and deficit pressures
Correct Answer: Option D — Near-motionless nominal exchange rate despite inflation and deficit pressures
Explanation:
Economic commentary in 2026 noted the rupee showed little visible adjustment because the nominal exchange rate remained almost motionless despite double-digit inflation and a widening merchandise trade deficit.