Pakistan Today

Rupee depreciation

As rupee continue to plunge into obscurity, things are indeed looking bleak. Obviously the fact that exporters are holding back their export means that things would only get worse. Dollar is continuing to appreciate and rupee’s depreciating trend doesn’t look like halting any time soon. We need a lot of investment in our neck of the woods, and for that to happen we need to invite investment. With terrorism prevailing and other problems also engulfing our country, the available options for investors are already minimal. Add the fact that we aren’t even giving any incentives to them and you get a dead end.

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