Pakistonomy - Episode 170 - Why did the dollar cross 300 rupees?
Released Friday, 25th August 2023
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Pakistonomy - Episode 170 - Why did the dollar cross 300 rupees?
Pakistonomy - Episode 170 - Why did the dollar cross 300 rupees?
Friday, 25th August 2023
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In this episode, Uzair talks to Khurram Husain about what is going on with the rupee and why money supply growth is actually the real driver of the ongoing weakness of the currency. We also talk about why Khurram has a bleak outlook for the economy, what it will take to stop the vicious cycle, and his views on the SIFC.
Chapters:0:00 Introduction1:25 What is causing PKR weakness?20:15 Political impact of the adjustment27:00 How to stop the vicious cycle?34:40 Views on SIFC41:10 Conclusion
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