Pakistan's rupee has staged a smart recovery against the US dollar

[Baby Leone]

i think the rupee will get a bigger boost if we get out of the FATF grey list this year Inshallah.

lol i dont know why we give so much importance to this FATF as if before FATF we were thriving

 

[PakistaniAtBahrain]

lol i dont know why we give so much importance to this FATF as if before FATF we were thriving

reports say it still had an effect. with better leadership/vision, we could attract more investment, which is better for Pakistan and rupee. but i agree with what someone here said that we shouldnt let the rupee strengthen too much so that we keep our exports competitive.

 

[AZADPAKISTAN2009]

Just continue to grow Roshan Digital Account Assets , if in 4-5 months it can hit 200 Million
Give it 2 years and we will have a proper 3-5 Billion Dollar Setup

Roshan Digital is the Long term way to go !!!

 

[aasimanwaar]

Yes exporters will not like the value of Rupee to increase.

FATF proved not that bad, One advantage of FATF given is that money is coming through formal channel resulting in high remittence.

 

[Crimson Blue]

PKR now appreciated to PKR 155.20 per USD today.

 

[AZADPAKISTAN2009]

Roshan Digital Account people , and come back to this thread 2.5 years later We will be at 1dollar to 80 rupees ratio

 

[Norwegian]

Roshan Digital Account people , and come back to this thread 2.5 years later We will be at 1dollar to 80 rupees ratio

Bring Ishaq Dollar back. He will borrow 7 billion dollars and inject in the market to artificially overvalue the PKR

Govt injected $7b to keep rupee overvalued in recent years | The Express Tribune

EAC member says policy to prevent the currency’s fall caused more damage

tribune.com.pk

 

[ziaulislam]

With rupee getting stronger day by day, I am sure our GDP figure is also increasing which came to as low as $265 billion from $313 billion because of drop in rupee value. What is the latest figure in USD ??

Edit : okay. So it's $284 billion now. Good. I expect it to touch $300 again this year Inshallah. Because rupee is expected to get more strong and will come to a point of 1$ = 145-7 rupees by the year end Inshallah.

Nominal gdp is a meaning less number...
Real purchasing power gdp is what really matters

In terms of development ....
its HDI
health-education-gdp PER CAPITA

lastly, financial independence --> i.e not going around begging again
China kept on devalving it rupee consistently artfically for a very long time to fuel growth

 

[Zibago]

With rupee getting stronger day by day, I am sure our GDP figure is also increasing which came to as low as $265 billion from $313 billion because of drop in rupee value. What is the latest figure in USD ??

Edit : okay. So it's $284 billion now. Good. I expect it to touch $300 again this year Inshallah. Because rupee is expected to get more strong and will come to a point of 1$ = 145-7 rupees by the year end Inshallah.

I dont think it will drop below 150

I think 150 was real value and it will stay there

 

[xyxmt]

we should know that US dollar is getting weaker against all currencies

 

[Norwegian]

we should know that US dollar is getting weaker against all currencies

When you print 4 trillion dollars this is what happens

 

[xyxmt]

When you print 4 trillion dollars this is what happens

we are not complaining, its good for us keep printing

 

[Arulmozhi Varman]

Smart recovery. Before Covid many were making predictions it's gonna touch 200. Well done

 

[Kabira]

Debt relief, Pakistan is under IMF program. This isn't good with exports going down and imports again increasing exponentially.

 

[Old School]

It is a matter of fact that PKR is artificially undervalued than it's actual value.