Re: pakistan economy? warnings from IMF and ADB
captain sahab. Why should it become stronger?..won't exporters ask for more rupee for every dollar they earn?..
Let me try to explain what I understand why currency devalues on more imports rather than exports:
Lets take US dollar for instance. If US imports more items, handing out more dollars to sellers which means more dollars in hands of other countries. If other countries don't have means to spend it anywhere (little or no exports from US) the value of dollar will decline.