Rupee to depreciate Rs160-165 against US dollar by Dec 2019

[Verve]

Speculation by mafia media.

Financial emergency should be imposed and all exchange houses closed for foreseeable future. Stop all cash trading of $ immediately, get that through the Finance Bill, and all this speculation will die.

 

[aasimanwaar]

Don't think so. Already ruppee is on fair value almost free floating. And no such condition from Imf for further devaluation.

 

[shah_123]

As my friend said, menu kee, pehlay vee punjsau da petrol pawai da see, hun vee punjsau da pawana han.

Lekin hun gaddi oni nai chaldi ey.

 

[VCheng]

Lekin hun gaddi oni nai chaldi ey.

Exactly the whole point of the exercise.

 

[Fawadqasim1]

I don't think so

 

[Wa Muhammada]

200

I fear for Pakistan under this govt because they just can’t get to grips with the economy & governance in general and it seems the establishment is fumbling in the dark for the magic wand but their latest potion has backfired.

 

[datalibdaz]

Pak Rupee to stabilize around 135/Dollar after IMF deal....

 

[El Sidd]

I fear for Pakistan under this govt because they just can’t get to grips with the economy & governance in general and it seems the establishment is fumbling in the dark for the magic wand but their latest potion has backfired.

dont worry. one elitist federal Minister will come and say Pakistanis can afford the Dollar for 200PKR because Imran Khan is honest.

It can Lappen tomorrow and no one can do anything about it.

 

[VCheng]

Pak Rupee to stabilize around 135/Dollar after IMF deal....

Highly unlikely.

 

[datalibdaz]

Highly unlikely.

IMF has not quoted any rupee vs dollar rate or any advice or "condition" on further devaluation...More devaluation beyond 142 will not be benefical for economy...lets see what happens by end of September 2019...

 

[VCheng]

IMF has not quoted any rupee vs dollar rate or any advice or "condition" on further devaluation...More devaluation beyond 142 will not be benefical for economy...lets see what happens by end of September 2019...

Sure, we can talk about it then, but the underlying weaknesses of the Pakistan economy make any significant or durable appreciation of the PKR unlikely for the foreseeable future.

 

[datalibdaz]

And free float is not possible as the currency dealers would make an artificial price of rupee...

 

[Sharky]

Very sad.. very bad.

 

[nahtanbob]

These prediction based on research done by qualified individual at his research facility of local pawn shop while smoking Hukha.

I do not know what Hukha is. I assume it is something strong

 

[maithil]

Meanwhile

Pakistan accepts IMF’s conditions for bailout package
https://92newshd.tv/pakistan-accepts-imfs-conditions-for-bailout-package/amp/


Every major demand of IMF has been accepted. Including the ones which were supposedly harmful for Pakistan’s interest.