PKR plummets to all-time low of 255 against USD (268.3 Now!)

[RealNapster]

My numbers are from 2020. Covid year but $80 billion sounds too high. Source?

A simple Google search will do the trick.

Ban on imports was wrong: Qamar | The Express Tribune

Minister says country moved in wrong direction, opposes extension of ban

www.google.com

 

[Ali_Baba]

GBPPKR is over 330 right now....

 

[cricketrulez]

My numbers are from 2020. Covid year but $80 billion sounds too high. Source?

View attachment 914482

2021 figures are as follows -

Import - $63 billion
Export - $32 billion
Remittance received - $31 billion
Remittance paid - $0.2 billion

So 2021 had a marginally positive BoP. But prior years (2018, 2019) all had $5-$10 billion BoP deficit. 2021 improved due to significant uptick in remittance. 2022, obviously has gone back into deficit.

All data are from WB.

Pakistan’s import bill records over $80 bn in 2021/2022 - Pkrevenue.com

total import bill of Pakistan has crossed a record $80 billion mark, showing 42 per cent increase during fiscal year 2021/2022, according to

pkrevenue.com

 

[Realtalk108]

A simple Google search will do the trick.

Ban on imports was wrong: Qamar | The Express Tribune

Minister says country moved in wrong direction, opposes extension of ban

www.google.com

Pakistan’s import bill records over $80 bn in 2021/2022 - Pkrevenue.com

total import bill of Pakistan has crossed a record $80 billion mark, showing 42 per cent increase during fiscal year 2021/2022, according to

pkrevenue.com

This appears unusually high. May be due to the floods which hurt the domestic economy. Over last few years the deficit has been between $5-$10 billion.

 

[HAIDER]

GBPPKR is over 330 right now....

Dollar rate in hawala ?