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Old Friday, December 20, 2013
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Default pakistan rupee devaluation

can any member let me know the main reasons of rupee devaluation nowadays..
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Old Friday, December 20, 2013
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Quote:
Originally Posted by Libra2 View Post
can any member let me know the main reasons of rupee devaluation nowadays..
because govt has printed excessive notes of worth 18 billion in last 5 months...thats the main reason of rupee devaluation...this is also causing inflation
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Old Friday, December 20, 2013
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colossal printing of currency notes.
imports are greater than our exports.
to strengthen the value of rupee state must imposed higher duties to discourage imports and to encourage our local industry. and
to stop the current practice of making state bank of Pakistan a printing press of Pakistan.
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