Pakistani Currency is Getting Stronger
Pakistani currency is getting stronger day by day. Dollar to Pkr changing on currency map daily. import and export are going on, Pakistani ruler Imran Khan and his team have a different vision, they think that Pakistani products should only be exported and as far as imports are concerned. They should be stopped by imposing more taxes so that a new era of development and prosperity begins. In this regard, the field of IT has also changed drastically. Most of the population of Pakistan depends on the youth. Due to this, the number of people interested in IT has come to the fore.
The young people start working without a degree
In the last few years, many courses related to IT have been taught, and most of the young people start working without a degree, which leads to early employment. The value of the dollar has come down. The IT industry also has a significant role to play. This cannot be denied because even the money earned by freelancers has to travel to Pakistan; that is why billions of rupees are being invested in Pakistani banks every day. Thus the value of the dollar is getting better.
Investors are not surprised
In this regard, investors are not surprised as Pakistan’s business conditions are slowly returning to normal, and the power-filled currency of a country like the United States is being beaten. However, Pakistan is still on the gray list, due to which it is also subject to any sanctions. The prosperity of any country depends on the economic affairs of the country. Pakistan is still mired in debt which is having a massive impact on the country’s economy. Due to the depreciation of the US dollar in Pakistan day by day. Where many business people will benefit
At the beginning of this year 2021
At the beginning of this year, on January 1st, 2021, the dollar to pkr value was Rs: 161, and today, on April 7th, the value of the dollar is about 152.34 Pakistani Rupee. This depreciating value of the dollar may usher in a new era of prosperity in the country, but all that is needed is to take care of our domestic and economic affairs as soon as possible by the current situation and its requirements. Given the growth of our economy soon, the business associated with it should be facilitated, and this business facilitation can only be provided by the Pakistani government, which has already made many claims.
It remains to be seen what essential decisions and actions Prime Minister Imran Khan will take now to further devalue the dollar price in Pakistan in this difficult time, which will take the burden of inflation off the heads of the common person.
Article by: Nadia Imdad