PKR’s performance
Fitch Solutions Co. was as quoted by Bloomberg as saying that the PKR would drop as low as 350 by the end of 2024. Two other prominent names share the…
Is PKR only currency under duress?
The market has recently seen a decline in the value of PKR in relation to USD. This has been happening non-stop for the past few weeks. Around $7.5 billion is…
USD to PKR forecast for 2024 — II
However, in this circle, there is one loose end, which is the availability of $ in Dubai with the importer as the spare parts have been sold in Pakistani rupee…
USD to PKR forecast for 2024 — I
Studies, analyses, projections and estimations of exchange rates for any currency constitute the job of economists. They are trained and qualified people insofar as these subjects are concerned. Accountants, who…
Value of PKR
There have been unusual developments in the value of the rupee (PKR) during the last seven weeks. From a trend in the form of a declining value with respect to…
Bad news for Asian FX, esp PKR
Pakistani monetary authorities can only count their sorrows as King Dollar’s unrelenting advance pushes Asian currencies to lows not seen in months, in some cases years, robbing the Pakistani rupee…
PKR in Daristan
The rupee-dollar parity during two tenures of Ishaq Dar as finance minister (2013-17 and 27 September 2022 to date) has invariably been a subject of general distress, including all the…
PKR slide: SBP must act proactively
In these times of unprecedented economic emergency in the country, the Pakistan Tehreek-e-Insaf (PTI) Chairman, Imran Khan, is reported to have agreed to sign the “Charter of Economy (CoE)” in…
PKR: The upsides and downsides of devaluation
The country these days is in grip of serious uncertainty in regard to the fate of the Pakistani currency. Genuine businessmen are in a "wait and see" mode, the social…
PKR: managing common currency area
The rupee slide in recent weeks suggests that the traditional arguments of elevated current account deficits, selling USD by SBP, REER, rational/adaptive expectations on foreign inflows, geo-politics and begging bowl…
