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Weekly Inflation now hitting 41.5% in Pakistan

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soon PKR will be used for toilet papers
Interbank rate is not budging so no one is sending remittances..
Black rate is 300 sand interbank 260 now

Screenshot_20230225_101213_English Newspapers PK.jpg


I am hopeful it will reach 300-400 soon so I can send the money I am sitting on 🪑
 
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We'll keep hearing this news of spread between interbank and open market every fortnightly.

Dont worry, BAU mode. Sab sahi hai.
 
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soon PKR will be used for toilet papers
or burning..? anyway, that is true for hype inflation. Occurs when one is import dependent, no foreign reserves and paying fees by printing money. Occurred in 15h century in China and Germany after WW1 etc.
 
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This will leave the pak rupee virtually worthless in terms of trade .
You will not be able to find enough rupees to pay for anything
Inflation has to be controlled
 
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Yoy

Year on year


They disagree with you.



If it was this bad then why didn't people reject PMLN like they did ANP.

Clearly people don't blame PMLN

PMLN is still in good shape to give tough time to PTI may be win many seats as PDM
if people are not rejecting PMLN then why are you all running away from the elections at the speed of light? LMFAO
 
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Inching closer to hyperinflation, and given that Pakistan doesn't export anything of tangible value, the way back to sustainability is very very slim.
 
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IMHO noonies will brag about this as some thing good.
 
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if people are not rejecting PMLN then why are you all running away from the elections at the speed of light? LMFAO
Sir 25% people in Lahore love PMLN vs 48% PTI and 25 miscellaneous parties.
So PDM is hopefully to give tough time
 
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