HomeNewsPakistani Rupee snaps 11-day winning streak against US Dollar

Pakistani Rupee snaps 11-day winning streak against US Dollar

Pakistani rupees ne wednesday ke roz Interbank market mein US dollar ke muqable mein apni 11 din ki jeet ka silsila khatam kar diya. Kyunkay muqami currency mein correctness ho rahi hai.

Interbank market mein, Pakistani rupee ki value mein 0.98 ya 0.46% ki kami hui aur greenback ke muqable mein gir kar 214.88 par aa gaya. State Bank of Pakistan (SBP) ke mutabiq, Tuesday ki tradeke end par 213.90 se neechay aa gaya. So that, pakistani rupee snaps 11-day winning streak against US dollar.

Pakistan kuwait investment company main research and development ke head, Samiullah Tariq ne bataya ke Pakistani rupee ki value mein “Bohat ziyada” honay ki wajah se “Thori si islaah” hui hai.

Arif Habib Limited Head of Research Tahir Abbas ne kaha ke guzashta 11 commercial session ke douran 11.6% izafay ke baad aaj Pakistani rupee ki qadar mein 0.46 feesad kami hui.

“Imkaan hai ke US dollar ki kuch zyada maang aur adayigyan hon gi. Jis ki wajah se currency ki value mein kami waqay hui hai. Taham, hamein yaqeen hai ke near term mein Pakistani rupee ke strong rehne ki tawaqqa hai .

Yeh progress Finance Minister Muftah ismail ki janib se Wednesday ke roz is baat ki tasdeeq ke baad samnay aayi hai ke Government ne paishgi sharait ki takmeel ke baad bain International Monetary Fund (IMF) ko letter of intent (AOI) wapas bhaij diya hai. Jis se executive board ke ijlaas ki raah hamwar ho gayi hai.

Pakistan rupee, bonds aur stock mein taizi aayi hai. Kyunkay Investors ne bet laga rakhi hai ke qoum is month IMF se bail out haasil kere gi aur default se bach jaye gi.

December mein US dollar bonds July mein 85 senate ki kam tareen satah se tuesday ko US dollar par taqreeban 95 senate par zahir kiye gaye. Kyunkay Investors debt ki adaigi ke liye ziyada par aitmaad ho gaye hain.

Pakistani rupee is month 11% barh kar monday tak 213.87 fi US dollar par pahonch gaya. Jo duniya mein sab se zyada profit uthany wala hai. Benchmark stock index 9% charh gaya. Srilanka ke baad asia mein sab se ziyada karkardagi ka muzahira karne wala.

Pakistan ne apne on hold bailout package ko dobara shuru karne ke liye IMF se manzoori hasil karne ke liye qualit sherry ke iqdamat apne hain kyunkay Egypt se EI Salvador tak sarhadi mumalik default ke khatray se lar rahe hain.

Related: Despite a more than 8% monthly decline remittances remain above $2 billion

Fitch ratings aur Moody’s investor service ne July ke aakhir mein kaha ke woh tawaqqa karte hain ke qoum IMF se 1.2 billion US dollar hasil kare gi. Jabkay kaha jata hai ke Saudi Arab Pakistan par maliyati dabao ko kam karte hue 3 billion US dollar ki imdaad ki tajdeed kere ga.

London mein muqeem tehqeeq ke senior economist Patrick Curran ne kaha ke kayi mushkil paishgi karwaiyon ko mukammal karne ke baad, bil akhir Pakistan ko apne IMF programme ko dobarah shuru karne aur is mein tosee ke liye amlay ki sath ki manzoori mil gayi. Jis se kisi bhi policy ki ghaltion ko chore kar board ki manzoori ki raah hamwar karni chahiye. Firm Tellimer ltd “programme dobarah track par aane ke baad, bohraan se bachney ke liye Pakistan ko izafi run way diya jaye ga.”

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