Dollar rate falls by 75 paisa in interbank

stranger

Minister (2k+ posts)
it will be stable by the end of first phase of amnesty scheme so that people bringing in money can benefit from it despite paying 4-6% tax as the currency has already been depreciated by 7%.

Secondly, its not just rupee depreciating. Its US dollar getting stronger and stronger because of China. US put more taxes on China and china is controlling dollar supply to keep it expensive. That way it will make Chinese good cheaper in US and has little impact on Chinese exports to US
 

kkppmc

Councller (250+ posts)
Are we celebrating on 75 paisa decrease ?. What about the 29 rupees depreciation that happened in the first 9 months of selected government due to mismanagement and incompetence?
 

islamabadi

Minister (2k+ posts)
Incrases by double digits.....and decreases by less than 1 rupee....State bank ka INQALABI kaarnama.......abhey jub 120 p aega tubh yahan aakar naachna.....hum bhi nachengey
 

Islamabadiya

Minister (2k+ posts)
it will be stable by the end of first phase of amnesty scheme so that people bringing in money can benefit from it despite paying 4-6% tax as the currency has already been depreciated by 7%.

Secondly, its not just rupee depreciating. Its US dollar getting stronger and stronger because of China. US put more taxes on China and china is controlling dollar supply to keep it expensive. That way it will make Chinese good cheaper in US and has little impact on Chinese exports to US
yes there isnt one but many factors, usd has been going strong globally since Trump came, but in Pak, the rise is too much and too volatile,
i hope new financial team works well, and i hope imran khan keeps his big mouth shut for a while and let them do their job, same for his bachgana team
 
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