Bilal Raza
Prime Minister (20k+ posts)
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IAOn Eid, there will be an overflow of dollars. It would probably go to 145
Oay Bhosri kay tell me anything that you can buy for 75 pessas? .... not even a toffee ?
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
40 rupey mehnga ho k 70 paisey sasta ho gaya....
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