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…
Shift away from USD picking up the pace
The mighty US dollar that reigned supreme for several decades is witnessing a challenge to its dominance. There is a noticeable shift from US dollar to local currencies. So far, over 20…
Why the USD matters?
Whenever I meet clients and investors, the one discussion I always end up having, regardless of market conditions, is on currency markets. There are often strong views expressed about why…
USD-PKR parity—I
Noted rating agency recently predicted that USD/ Rupee parity will reach around Rs 180 to USD 1 by next year. Their prediction is based on the presumption that there is…
The ‘disorder doctrine’
Donald Trump returned to the Oval Office in January with immense popular support, promising world peace and a return to America’s glorious past. Yet, just over 100 days later, his…
The warmongers’ league
A picture taken on July 28, 2019 shows a giant Israeli Likud Party election banner hanging from a building showing Israeli Prime Minister Benjamin Netanyahu shaking hands with Indian Prime…
The burden of govt debt
The government debt outstanding is the debt that is to be serviced out of the Federal Consolidated Fund plus the debt with the IMF. It stands at Rs 75,042 billion…
MPC meeting: navigating between disinflation and external fragility
Monetary policy decision is due today. Three macro variables are making a compelling argument for a big rate cut. These include sharply falling headline inflation, consistently running primary fiscal surplus,…
Pakistan’s economic strategy
The overarching economic strategy of the incumbent government is not quite focused on achieving macroeconomic stability, though that is certainly a stated objective, or to implement pro-growth policies — pledged…
