The rupee slump against dollar started in december 2017

TruthWillOut

Senator (1k+ posts)
Yes , the slump started in december 2017 when the dollar was 104 dollars and by the time the govts term ended the dollar was 115 rupees. Rupee had lost 10 percent of its value in 6 months(1.66% loss per month).

In the next two and a half months dollar gained more and on the day the current govt took over the dollar was 122 rupees (6% loss).

From 17 august 2018 to 6 jan 2022 , dollar jumped from 122 to 178 ( 45.9%) and equates to 1.15% loss in rupee value per month.

This is the same slump which started in december 2017 and is continuing.
 

NasNY

Chief Minister (5k+ posts)
We are saving billions of dollars reserves were 5 billion in 2018 are 19 billion now because we are not using dollars to artificially keep the value low.

we have also paid 50 billion in debt payments on loans previous 2 govt took.

If it wasn’t for the loans for previous govt. 2008-2018 Pakistan reserves would have been 200 billion and dollar would be 60.rs

Pakistan need PTI govt for another 10 years. To stabilize the country.
 
Last edited:

miafridi

Prime Minister (20k+ posts)
Yes true, the dollar slump started in December 2017 and ended somewhere in 2019 at 155 when PTI was successful in managing the treasury. At 155 it was stabilized for quiet a while but after effects of corona took commodity and fuel prices to historic highs which lead to the dollar go towards 178 as we currently see it.
 

Back
Top