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The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
According to a 2012 report submitted by GHMC to the World Bank, Hyderabad has 1,476 slums with a total population of 1.7 million, of whom 66% live in 985 slums in the "core" of the city (the part that formed Hyderabad before the April 2007 expansion) and the remaining 34% live in 491 suburban tenements. [146]