As American Dollar governs today’s capitalist markets, every Pakistani Government should focus on how to reduce the worth of Dollars against the Pakistani rupee. Fluctuations in an open market are normal. The overall trend is for the rupee to gain against the dollar these days. The question is why has the Pakistani rupee been appreciating against the dollar in recent times?
When Dollar went down during the past couple of months, the cost of living still depended on PKR. The import bill did improve though. The real question a month ago was whether should the prices ever go down when the dollar loses its value against the rupee. If $ goes higher, even if you are earning more in numbers you have to pay more due to increased inflation.
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