why is pakistani rupee taking a hit against dollar?

[TruthWillOut]

Indian rupee has been stable against usd in the last one month.
bangladesh taka has also gained a bit against usd.
whereas in the last one month rupee has lost 8 percent of its value against dollar.

whats happening there?

 

[khan_11]

Pakistan do all its trade in dollars then why rupees is going down against Pound

 

[Mafialeaks]

Indian rupee has been stable against usd in the last one month.
bangladesh taka has also gained a bit against usd.
whereas in the last one month rupee has lost 8 percent of its value against dollar.

whats happening there?

Probably Jehangir Tareen and PTI benefiting from this like they benefited from sugar and wheat crisis

 

[deathchallenger]

size of Indian and Bangladesh economies are much bigger than of Pakistan. All medical equipment etc are bought in USD hence the outflow/imports has increased. Expats are sending less money than before hence inflow has reduced + exports has almost has come to the halt.

 

[RAW AGENT]

Indian rupee has been stable against usd in the last one month.
bangladesh taka has also gained a bit against usd.
whereas in the last one month rupee has lost 8 percent of its value against dollar.

whats happening there?

future may get hit by more adverse news .

 

[khalilqureshi]

This is question worth asking and worth response.

 

[miafridi]

Why do you have to make false claims?

Indian Rupee was 72.15 on March 1, 2020

And it reached 77.60 on April 1, 2020

Considering that Indian rupee is equal to 2 Pakistani rupees, it means Indian Rupee Dropped by 11 PKR in the last 1 month, almost the same amount we saw in Pakistani Rupee Depreciation.

 

[islamabadi]

I am running a money exchange business....80% of remittances have been blocked.... international passengers used to bring in 2 to 3 million dollars in cash with them a day which is suspended.... PTI governmetn put us in a vulnerable situation by attracting "hot money" by offering crazy interest rates and now all this HOTMONEY is leaving. These LAANTTIS have no plan.... As soon as lockdown lifted and passenger flights start arriving im expecting the dollar rate to come down to 157-158.

 

[FahadBhatti]

Why do you have to make false claims?

Indian Rupee was 72.15 on March 1, 2020

And it reached 77.60 on April 1, 2020

Considering that Indian rupee is equal to 2 Pakistani rupees, it means Indian Rupee Dropped by 11 PKR in the last 1 month, almost the same amount we saw in Pakistani Rupee Depreciation.

 

[FahadBhatti]

Ok , Indian rupee depreciation in last one month is 1.98 rupees but Pakistan is on another level. Given that the rupee found it very hard to stabilise , this will kill our economy further.

 

[shujauddin]

THE PTI GOVERMENT IS A TOTAL FAILURE.

 

[AhmadSaleem264]

THE PTI GOVERMENT IS A TOTAL FAILURE.

LOL

 

[Citizen X]

Chootiy Indian rupee is it's lowest in 17 months