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
#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
#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
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
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
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
#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
#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
#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
#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
Pakistani rupee touches record low, bonds fall as IMF talks drag https://t.co/4AYBTuwYPA https://t.co/FhGXOxEfxl
@Reuters
Pakistani rupee plummets as markets adjust to removal of unofficial controls https://t.co/r1wv0lgHWi https://t.co/rOZWSITTbk
@Reuters
Pakistani rupee plummets as markets adjust to removal of unofficial controls https://t.co/zLWkpXswQ3 https://t.co/zb9xKZo0rK
@Reuters
Pakistani rupee plummets as markets adjust to removal of unofficial controls https://t.co/OoiY3C56sc https://t.co/JBHVj13fWy
@Reuters
In Pakistan, things go from bad to worse. The Pakistani rupee has just hit ANOTHER RECORD LOW. https://t.co/8zQQ6LtPnL
@steve_hanke
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