Saudi Riyal / Pakistani Rupee

@steve_hanke

1 ano

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

1 ano

#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

1 ano

#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