Dollar rate slipped by 1.91 rupee - new value 149 rupees

[SSGcommandoPAK]

Good news!

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[RealNapster]

shouldn’t decrease 145.
Must not increase 150.

 

[ziaulislam]

it should be based upon real value..as simple as that
as long as state bank lending is high,rupee will slip

 

[American Pakistani]

Maybe due to remits send by overseas Pakistanis during Ramadan.

 

[Verve]

A few people from exchange mafia have been picked up, after the last manipulation. This was a warning shot by state. Maybe the chop will come next.

 

[Asimzranger]

State should next take action against these money exchanges and stock market manipulators

 

[Syed1.]

Which proves it was artificially inflated so that a tiny segment could make millions... What is FIA doing?

 

[nahtanbob]

market supply/demand drives these things. PDFers are hung on these artifical numbers

 

[maithil]

Dollar climbs to Rs151 in interbank market

 

[Chhatrapati]

You are yet to free float the currency. That's why there is such huge difference. And the graphs look straight line.

 

[bafxet]

In reality for the time being things are just the same as they were The current account deficit is still huge and with the soaring crude oil prices it is widening

GoP is making an effort to change the sentiments. The Saudi oil facility which is due to start from July would make an impact.


Pakistan is in dire need of foreign investment and boost it exports.

 

[maximuswarrior]

market supply/demand drives these things. PDFers are hung on these artifical numbers

You don't know the ABC of Pak economy.

Can you even point Pakistan on a world map?

 

[nahtanbob]

You don't know the ABC of Pak economy.

Can you even point Pakistan on a world map?

I know Pakistan is in Asia next to India, Iran and Afghanistan

With due respect to you sir 145/150/155 level for Pakistani rupees for US Dollar makes no difference in long term scheme of things. It may make the world of difference for speculators, some economic activity and some projects in the short term.

@Dubious can we create a single thread for tracking the Pakistani rupee versus foreign currencies ?

 

[Sidacca]

I received my payment from a client through payoneer today the exchange rate was 148.

 

[Ahmad Bhutta]

Whats the current rate in open market for dollar now ?