Dollar reaches new high, soars past Rs210 in interbank trade

[Olympus81]

Likely to hit 300 by independence day.

14 Aug or 4 July, anybody’s guess.

 

[PradoTLC]

Likely to hit 300 by independence day.

14 Aug or 4 July, anybody’s guess.

i think it will stablise around 250 once IMF funds role in... but if they dont take long term structural adjustment to boost exports it would fall further...

 

[Olympus81]

RDA and Remittances are down.

IMF will be rolling out loans with very harsh pre conditions.

 

[Dual Wielder]

You forgot to give the biggest credit to Bajwa, without him the PDM regime was not possible.. *

 

[Catalystic]

RDA and Remittances are down.

IMF will be rolling out loans with very harsh pre conditions.

Imf should sit only with coas now.
That will ensure something

 

[Acetic Acid]

Don't worry
DG ISPR to make a press conference shortly

 

[Conqueror]

When my country was being robbed by robbers... there were some who took oath to defend this motherland but at the time of need they turned Neutrals.

دشمن ماں کو لوٹ رہے تھے، ہتھیار بردار بیٹا چیخ چیخ کے کہتا تھا، "ماں ماں میں نیوٹرل ہوں." ایسے نیوٹرلوں پہ الله کی پھٹکار اور لعنت.

 

[newb3e]

You forgot to give the biggest credit to Bajwa, without him the PDM regime was not possible.. *

bajwa must have gotten dollars from his master @ 185...guy made a great trade betraying his country!!

gg wardi mafia!

 

[Imran Khan]

Ab ki baar neutral sarkaar

 

[Adnan12333]

Neutrals na tabahi macha d ha mulkh k . Mujh is army sa nafrat sa ho Gai ha . They have ruined this country

 

[lightoftruth]

Congratulations !

 

[HttpError]

Likely to hit 300 by independence day.

14 Aug or 4 July, anybody’s guess.

I guess 350

 

[Hyde]

We should reevaluate PKR once it touches 300 Rupees and introduce new PKR with 1USD to 30PKR. Something Zimbabwe, Turkey and few other countries have done in the past

PKR could have been managed better but it looks like PDM was in no position to interfere with the market since we don’t have enough cash in the foreign currency accounts and IMF wouldn’t let us do anything if we want more loan from the IMF.

So the only option PDM truly had was to follow PTI strategy when they let the rupee free fall in 2018 and let it determine its true value in the open market

 

[Path-Finder]

 

[Digital]

Shabash bajway. Some of these generals involved would run and leave the country after retirement anyway. They don't care about general public. Army (and ordinary poor people's taxes) subsidize their life style. They have properties overseas who God knows how they made on their salary.