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

[Imran Khan]

we will soon be close to sri lankan rupee

 

[AZ1]

https://twitter.com/x/status/1618693536437927936

 

[Pakstallion]

Completely and utterly expected outcome of bringing the idiot Dar by the bigger idiot generals. Miftah had continued (probably) what PTI would have done but had a hard time because of political uncertainty after VONC. The generals have destroyed Pakistan with their ego and power hunger. If VONC wasn’t done the situation would have been bad but not this bad. The current reserves are the same as Jamaica.

 

[Abdul Rehman Majeed]

Pakistani exports and Remittances are about to explode and touch the sky.

 

[Imran Khan]

Pakistani exports and Remittances are about to explode and touch the sky.

فیکڑیاں بند ہو چکیں
خام مال ہے نہیں
مشینریوں اور پرزوں کی ایل سیز کھل نہیں رہیں
بجلی کا شدید بحران ہے
جو بجلی ہے وہ اتنی مہنگی ہے کہ اس سے فیکٹریاں چل نہیں سکتیں

تو ایکسپورٹ کیا ہو گا مریم صفدر / ثنا بچہ/غریدہ فاروقی /سانیا عاشق/حنا پرویز کی بلو فلمیں ؟؟؟؟؟؟؟؟؟؟

 

[AZ1]

Pakistani exports and Remittances are about to explode and touch the sky.

https://twitter.com/x/status/1618636773126729734

 

[epebble]

we will soon be close to sri lankan rupee

If this plays out similar to Sri Lanka, final devaluation will be USD/PKR nearly double of pre-crisis.

 

[AZ1]

Pakistani exports and Remittances are about to explode and touch the sky.

https://twitter.com/x/status/1618651017989726216

 

[VCheng]

If this plays out similar to Sri Lanka, final devaluation will be USD/PKR nearly double of pre-crisis.
View attachment 913386

Final? The PKR will remain on a downward trajectory given the fundamentals of Pakistan's economy, or indeed the lack of any strength thereof, actually.

 

[epebble]

Final? The PKR will remain on a downward trajectory given the fundamentals of Pakistan's economy, or indeed the lack of any strength thereof, actually.

If you see USD/LKR, it went through massive devaluation between March to May 2022. Somehow it has stabilized after that. If you use a general pattern like that, may be by May 2023, USD/PKR may stabilize at 300 - 350.

 

[VCheng]

If you see USD/LKR, it went through massive devaluation between March to May 2022. Somehow it has stabilized after that. If you use a general pattern like that, may be by May 2023, USD/PKR may stabilize at 300 - 350.

Stabilize? LOL. The PKR has simply no economic backing. There is only one way it will go, and it is not up. Heck, not even steady, but down, sometimes fast, sometimes slow, sometimes drastically, but it will go down.

 

[-=virus=-]

inflation ke kya haal hai but ?

keep that under control and overseas waalon ki toh chandi ho gai samjho

 

[AgnosticIndian]

Mind explaining what was the issue?

Apparently the Pakistani embassy in the country he was studying in refused to release his alloted scholarship money for masters or PhD or some similar program, if I remember correctly. But he braved it on and completed his studies.

 

[epebble]

Apparently the Pakistani embassy in the country he was studying in refused to release his alloted scholarship money for masters or PhD or some similar program, if I remember correctly. But he braved it on and completed his studies.

Was it just plain 'lack of money' or some nefarious reason?

 

[VCheng]

Was it just plain 'lack of money' or some nefarious reason?

LOL. The fooker NS as PM gave more to the doorman at the Dorchester as tips in a few days than what they refused to give what they were legally obligated to provide to not just me, but all students in a similar bind. Is that nefarious enough?