Too low.Need to return to 50 rupees for 1 dollar
The only correct balance is the market rate. If dollar is freely regulated like right now, the less your exports and remittances dollar will go up which will lead to more exports and remittances and vice versa. The stronger your overall economic outlook the more stable your currency. If you disturb this self regulating market architecture by subsidizing dollar you disrupt the whole cycle and will probably bankrupt the country which PLMN almost managed to do.Too low.
We won't be able to compete on the exports aspect.
Optimal value is 100.
Higher than the takka and the INR but not too high.
Looks like our GDP has increased from $263 billion to $275 due to the appreciation. lol.
Hope we can sustain this exchange rate.
I'm sure this your dumbasss is going to blame Iran if currency exchange value starts to go down againOnly Zulfi Bukhari and Sheriyar Afridi types can tell... basically it all depends on how long Taftan border has limited traffic of $ peddlers.
At the moment I think will likely normalize at around 155.PKR has appreciated from 168 to 160.5 to the dollar in about a month and a half.
It has also considerably strengthened against the INR and the BDT, suggesting that the appreciation is not only due to the dollar weakening.
Considering the appreciation has happened over the course of a month, rather than a sudden appreciation, it looks like the rupee will stablise at around 160.
But will this be sustained or will the rupee devalue due to the government repaying the loans early next year??
So is it a good time to buy rupeesPakistani Rupees is looking like a good investment right now
According to these is you are looking to invest in a currency you should be holding onto your Pakistani rupees. View attachment 685713 View attachment 685714
The below chart is showing me that the appreciation of the PKR is a sign of change. You cant see that the rupee has almost consistently as been loosing value, but now it's appreciating and breaking away from the old pattern.
View attachment 685716