Pakistani Rupees exchange rates as of October 1950. Dollar was 3 Rupees, 4 Aana, 11 Paisa.

[Umair Nawaz]

Pakistan Affairs
·
Pakistani Rupees exchange rates as of October 1950.
Dollar was 3 Rupees, 4 Aana, 11 Paisa.


Credits; Shaheen Missile.

Pakistan also has a record of 6% consistent growth rate for 3 decades from 60s to 80s. South Korea's economic development itself is based/inspired from 5 point development plan of President Ayub Khan era 60s.

 

[war&peace]

Given two full terms to IK and you will be surprised that 1950's will return ...

 

[Umair Nawaz]

@Karna_007

 

[MastanKhan]

Given two full terms to IK and you will be surprised that 1950's will return ...

Hi,

It would be difficult now---but it would have happened easily if he had overthrown Nawaz during the " dharna"---.

 

[GHALIB]

Pakistan Affairs
·
Pakistani Rupees exchange rates as of October 1950.
Dollar was 3 Rupees, 4 Aana, 11 Paisa.


Credits; Shaheen Missile.

Pakistan also has a record of 6% consistent growth rate for 3 decades from 60s to 80s. South Korea's economic development itself is based/inspired from 5 point development of President Ayub Khan era of 60s.

now get a bailout package and pay loan .

Hi,

It would be difficult now---but it would have happened easily if he had overthrown Nawaz during the " dharna"---.

ha ha ha .............

 

[Yaseen1]

it will be impossible to reach that value .actually u.s economy is much bigger now compared to 1950 so only blaming our own economy is not fair.u.s has more influence now on world economy than in 1950

 

[war&peace]

Hi,

It would be difficult now---but it would have happened easily if he had overthrown Nawaz during the " dharna"---.

I have a different feeling.. I think it is more doable now than if NS was kicked out then...
Because now NS is a convict by a court of law after a fair trial for 1.5+ years. His party finished the full term of 5 years so NS has no case to convince the world he is a victim. Right now, efforts are in full swing to bring the money back and different methods are being devised.

 

[Zhukov]

Because at that time Pakistani Rupee was Pegged against British Pound and not Independently Managed by Float Rate.
It remained pegged against Pound Sterling until Zia Regime.
and i don't know why people make Devaluation of currency such a bad thing. It is a bad thing because we failed to develop our exports and rely too much on imports.
and we are just depleting our Forex Reserves if we keep our Currency strong against USD and keep Importing tons of Scrap electronics, Cheap Goods from China, Automobiles and all kind of useless stuff.
I would say Devalue Rupee to the point where Luxury Imports become Unfeasible and Prices of Imported Scrap Electronics become equal to Locally Manufactured Electronics. And Subsidize Fuel and Capital Goods only. That in my opinion is the only way our Stupid Investors will Leave Real Estate Sector and Invest in Manufacturing sector more if it becomes less competitive

 

[KAMDEV]

improve you export industry, change your priorities.

 

[Umair Nawaz]

improve you export industry, change your priorities.

4 the first time i agree with u.....we need industry and industrial products based export economy!