Pakistan on growth momentum continues as PKR reaches to 168 against dollar.
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fluctuates means both sides. The growth of Imran Khan has made PKR to go only one side ,which down only. Since 4 months PKR has devalued 16 rupee against dollar due IMF mistakenly delayed IMF program, trapped into Shaukat Tarin bluff.So you have opened a thread just on the Dollar rate which fluctuates on daily basis... with an exaggerated title....
Don't have to live up to your username.
Pay your taxes and force the Patwaris to give up their Polo playing lifestyles instead of opening random threads.fluctuates means both sides. The growth of Imran Khan has made PKR to go only one side ,which down only. Since 4 months PKR has devalued 16 rupee against dollar due IMF mistakenly delayed IMF program, trapped into Shaukat Tarin bluff.
This not due to that. It is due misconceptions of devaluation control CAD and imports, which made PMLN right neither devaluation stops CAD or increase export.Pay your taxes and force the Patwaris to give up their Polo playing lifestyles instead of opening random threads.
This not due to that. It is due misconceptions of devaluation control CAD and imports, which made PMLN right neither devaluation stops CAD or increase export.
PTI just made 4.2 billion trade deficit in just month of August alone even devaluaing currency mindlessly. It did not had any kind of effect on exports, CAD or Imports , in fact import increase more than it was when rupee was at 100 and export are at the level. Since 3 years PTI is the reason for inflation in Pakistan.
The devaluation of PKR is not done deliberately by PTI. PTI is not pumping dollars in local market to artificially boost the PKR unlike PML N who took the country on the verge of bankruptcy. The dollar was 125 PKR in early 2018 but country was about to declare Bankrupt with $20 billion dollar CAD. This is CAD not trade deficit.
PTI has discouraged imports from 2018 to June 2021 to control the CAD and this policy is abandoned by ST in June 2021 budget after 3 years so imports will naturally be higher for next few months before it gets stabilized and PKR will keep loosing unless PTI goes back to old policy of reducing imports at the cost of GDP growth or bleeds US $ to boost the PKR and then gets bankrupted.