[Pakistani Rupee To USD] How High Will Pakistani Rupee Appreciate In Exchange With US Dollars?

The dollar to Pakistani rupee rate today may be different but to my awareness, it should be 170 Rs. to 1$ should be the best correction. The only way PKR can improve value is by paying off the national debt, increasing foreign reserves, and increasing GDP. All others are just cosmetic measures.

Pakistan’s Economic Performance under IK in 4 graphs:

We could go for a list of indicators but for now, 4 will suffice:

1) GDP per capita: Even by Pakistan’s dismal economic standards, IK’s regime was truly exceptional: GDP per capita FELL after a very long time.

2) Unprecedented Inflation: ALL quintiles experienced RAPID inflation (including food inflation). Thus, with a falling GDP per capita (figure 1) and increasing prices, Pakistan essentially experienced a stagnating economy with rising prices: another historic achievement of IK.

3) Currency depreciation: The PKR plummeted and tanked to unbelievable levels.

4) Investments and Equities: Pakistani stock market indices have STILL not reached their levels in 2017. In short, the period was terrible for everyone: investors, workers, industrialists, and ordinary consumers.

Forget about the Industrialization of Pakistan

There is the implementation of unequivocal taxation governing the state.  Also, in the name of austerity, we are hiking operations costs. In the name of increased exports, we have devalued and stooped so low that it is impossible to recover. God forbid never talk about petroleum prices. Many pundits have predicted the collapse of Pakistan’s economy (Pakistani Rupee to Dollar) over the last few years but Pakistan’s economy has displayed amazing resilience up till now. It is high time that the common people say: “I am done with you” to Mr. Imran Khan and give democracy a chance. This Govt can’t even provide free medicines now. The only recent relief came to the industrialists of Faisalabad in the Power Loom sector.

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