Mehnaz

Is so high right now and has lost its value. Do you think it will ever come back down, and when?

arshad5

How can it be high when it has lost its value? Seems a bit of a contradiction.

X2

..inflation

she is not talking about exchange rates.

arshad5

I think that inflation in Pakistan is already coming down. However the government needs to work on idustrialisation and the supply side. Inflation is caused by a lot of money chasing limited number of goods. Pakistan is a growing country with a rising population enjoying better standard of living therefore you cannot really reduce the demand but it is important to address the supply side.

diamond321

my personal views :

1. Lower Rupee value means other countries find our goods cheaper so just to aid exports.

2. On the other hand lower rupee value means higher cost of production since alot of raw materials used in production are imported.

3. Rupee can only get stronger when we have a good inflow of foriegn exchange , this can be achieved by increasing exports.

4. Govt needed to finance balance of payments so they borrowed from IMF , the rupee did became stable but we are yet again under the burden of loans , not to forget these loans are not interest free. I don't forsee any further good happening to our economy or to our standard of living since the IMF has already forced our govt to remove subsidies from petroleum products , enery/power (electricity) and imposition of carbon tax. Hence putting more burden on common people and economy as a whole esp the cottage industries, in my view if u see the end result no body has realy gained except for ........

5. Unless and until govt tacke its tax collection problem it will always always have budget deficit , they are good at collecting tax at source. If they are able to to generate substantial revenue they may be able to subsidize much needed goods in the economy.

6. The govt was greatly burned by the financial securities (foriegn bonds) placed by Pakistan in foriegn countries , they put a burden on the economy to pay heavy returns to the bond holders. This resulted in outflow of foriegn exchange.

Conclusion : We have all the potential a country needs to develop the currency can only stabilize and the inflation can only be reduced if we have sinecer and good economist working in our country plus a good decision maker who can approve & make policies aimed at betterment of Pakistan.

arshad5

Besides industrialisation the distribution chain also needs to be improved in Pakistan. This will result in the market becoming more efficient in Pakistan.

eagle123

End the speculation on the exchanges, strengthen laws involving finanacial institutes, cut down on waste, and other measures can help pakistan rupee