jupiter2007
SENIOR MEMBER
- Joined
- Feb 19, 2007
- Messages
- 5,252
- Reaction score
- -3
- Country
- Location
i will be happy if its reached 120-110
I have done a linear graph for recovery of rupees based on various projects and investment Projections. If economy continues to stabilize and move toward growth, we might see rupee going down to 100 by 2023
PKR is highly undervalued...
DollarMaffia made billions by using MarasiMedia and created hype of Dollar going 180PKR...
FIA never investigated and common Paks ended up being Victim of Khottaism.
PKR's natural value should remian between 125 to 135.... for next two plus years... bringing it down after that gradually.
More important thing is to bring inflation down... current InterstRates are too high... around 10% is good for couple of years and then brought down gradually when Forex are more than DebtRedemption/Import Bill...
However, most important thing is to totally stop MoneyLaundering through hundi/hawala .... stop smuggling and make carrying foreign currency in cash a crime... money should be put in the Banks... this will flood the banking system with Dollars and will help PKR.
Maffia within FinMin needs to be dismantled which works for DollarTraders and StockBrokers...
Crubz on Imports is still quite weak... just consider mobile phones... 110Million Users in Pakistan and not made in Pakistan.... same goes for imported cloths... and abusrdity of a defaulting state ..DogFood...
Only edible oil...medicine and feul products must be allowed to import... rest at least 800% import duties... with smuggling ban.. we are in Positive Territory!!!
@ps3linux @PakSword
our system is rotten to the core.
only way to fix it is either go to harsh MarshalLawPlus plan or go toward Saudi system of public punishment.