ziaulislam
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Sir if rate is real no one will buy it as they can buy elsewhere as welllolllllzzzz this will not work black market will decide the real rates and afghanis will pay and buy take dollars to afghanistan and iran .
If the rate is low then everyone will buy it even if it's lower then 5rs.
Net result is it's disasterous to even subsidize dollar by a small amount
If hypothetically today state bank stopped printing rupee and burn all of its rupee reserve rupee can go to 100.
Obviously govt can do this.