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OM
PK

Omani Rial / Pakistani Rupee

OMRPKR · AGR
OMRPKR · AGR
721.09
USD00.00%
OM
PK
OMRPKR
721.09
USD00.00%

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    Since PM Sharif (read: the deadbeat maestro) took office on April 11th, 2022, the Pakistani rupee has lost ~36% of its value vs the U.S. dollar. Sharif's monetary mismanagement has turned the rupee into a CENTRAL BANK JUNK CURRENCY and caused the PAK economy to BLEED TO DEATH. https://t.co/ODUCrt7eKC

    steve_hanke
    @steve_hanke

      #Pakistan's economic death spiral just keeps spinning. In this week's Hanke’s #CurrencyWatchlist, #Pakistan takes 14th place. Since Jan 2022, the Pakistani rupee has depreciated against the USD by 38%. https://t.co/d5mqmev9iE

      steve_hanke
      @steve_hanke

        #PAKWatch: Since PM Sharif took office on April 11th, 2022, the Pakistani rupee has lost 57.7% of its value against the U.S. dollar. Sharif's monetary mismanagement has turned the rupee into a CENTRAL BANK JUNK CURRENCY. https://t.co/bOzkvU78VH

        steve_hanke
        @steve_hanke

          Market Extra: Pakistani rupee falls to record low as civil unrest compounds country’s problems

          MarketWatch

            Since Jan 1, 2022, the Pakistani rupee has depreciated by a staggering 37.7% against the USD. PM Sharif’s government is tanking the rupee. https://t.co/hnt71zVry0

            steve_hanke
            @steve_hanke

              Nearly 7 out of 10 businesses in Pakistan are concerned by a potential default. By my measure, the Pakistani rupee has depreciated against the USD by 38% since Jan 2022. The rupee is a JUNK CURRENCY. https://t.co/yhidEUBLhM

              steve_hanke
              @steve_hanke

                Pakistan has turned into an over-indebted IMF deadbeat. Finance Minister Ishaq Dar has rolled out the welcome mat for a 24th IMF FAILURE. By my measure, the Pakistani rupee has depreciated against the USD by 38% since Jan 2022. https://t.co/TyBMJ4OVkM

                steve_hanke
                @steve_hanke

                  #Pakistan's economic death spiral just keeps spinning. In this week's Hanke’s #CurrencyWatchlist, #Pakistan takes 13th place. Since Jan 2022, the Pakistani rupee has depreciated against the USD by 38%. To save the rupee, PAK must install a #CurrencyBoard. https://t.co/UBhHgDzZNG

                  steve_hanke
                  @steve_hanke

                    #Pakistan's economic death spiral just keeps spinning. In this week's Hanke’s #CurrencyWatchlist, #Pakistan takes 13th place. Since Jan 2022, the Pakistani rupee has depreciated against the USD by 38%. To save the rupee, PAK must install a #CurrencyBoard. https://t.co/nERhg1E1ue

                    steve_hanke
                    @steve_hanke

                      #Pakistan's economic death spiral just keeps spinning. In this week's Hanke’s #CurrencyWatchlist, #Pakistan takes 13th place. Since Jan 2022, the Pakistani rupee has depreciated against the USD by 38%. To save the rupee, PAK must install a #CurrencyBoard. https://t.co/0Kdt1OPhOT

                      steve_hanke
                      @steve_hanke

                        #Pakistan's economic death spiral just keeps spinning. In this week's Hanke’s #CurrencyWatchlist, #Pakistan takes 12th place. Since Jan 2022, the Pakistani rupee has depreciated against the USD by 37%. To save the rupee, PAK must install a #CurrencyBoard. https://t.co/cGDBk9GiM4

                        steve_hanke
                        @steve_hanke

                          Pakistani rupee touches record low, bonds fall as IMF talks drag https://t.co/4AYBTuwYPA https://t.co/FhGXOxEfxl

                          Reuters
                          @Reuters

                            Pakistani rupee plummets as markets adjust to removal of unofficial controls https://t.co/r1wv0lgHWi https://t.co/rOZWSITTbk

                            Reuters
                            @Reuters

                              Pakistani rupee plummets as markets adjust to removal of unofficial controls https://t.co/zLWkpXswQ3 https://t.co/zb9xKZo0rK

                              Reuters
                              @Reuters

                                Pakistani rupee plummets as markets adjust to removal of unofficial controls https://t.co/OoiY3C56sc https://t.co/JBHVj13fWy

                                Reuters
                                @Reuters

                                  In Pakistan, things go from bad to worse. The Pakistani rupee has just hit ANOTHER RECORD LOW. https://t.co/8zQQ6LtPnL

                                  steve_hanke
                                  @steve_hanke
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