The Pakistani rupee has shown mixed performance in recent weeks. While it gained some stability against the US dollar, market watchers remain cautious about its future. Reports suggest that Some Experts Still Expect Dollar Price to Reach Rs. 300 By December, despite temporary improvements.
Currency analysts point out that several economic pressures remain unresolved. Rising import bills, weak foreign reserves, and delayed foreign inflows are keeping the rupee under stress. Even though short-term measures by the State Bank have slowed depreciation, many experts believe the currency may face renewed pressure in the last quarter of the year.
According to reports, demand for the dollar remains high due to essential imports and debt repayments. With limited reserves, the government continues to rely on external borrowing and assistance. This creates uncertainty in the forex market and adds weight to predictions that Some Experts Still Expect Dollar Price to Reach Rs. 300 By December.
However, not all analysts agree. Some believe that recent agreements with international lenders could support the rupee if funds are released on time. A stable political environment and strong remittances might also help reduce pressure on the local currency.
Traders note that dollar fluctuations directly affect inflation in Pakistan. A weaker rupee pushes up prices of imported fuel, food, and raw materials, creating challenges for households and businesses. The government has assured that steps are being taken to stabilize the currency, but the outlook remains uncertain.
In conclusion, while the rupee has avoided rapid decline in recent weeks, Some Experts Still Expect Dollar Price to Reach Rs. 300 By December. Much will depend on economic reforms, foreign inflows, and political stability in the coming months.
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