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Pakistan

USDPKR about to hyperinflate? Pakistan will default?USDPKR is closely following USDLKR before the Sri Lankan Rupee hyperinflated in April 2022. Below USDLKR can be seen creating a pattern in 2020 and 2021 very similar to what FX_IDC:USDPKR has been doing in the last year. Here is what happened after Sri Lanka defaulted, and FX_IDC:USDLKR went from 200 to 360 in a matter of days Given the above fractals, is it possible that Pakistan can defailt soon? If it does and it follows through on the pattern, USDPKR can jump from from the 280s to the high 400s very quickly.
Long
by Sikbh
1
Pakistan outlook for playground of banking stoogesA speck in macroeconomics of a strategically challenged geography, a spectacle to how minions react to changing global landscape, division of east and west, reformation of blocs, and looming world war. As for forecast, 1 USD should buy 350 PKR today, but the whole point of SBP autonomy is to balance the market against kleptomaniacs, who in past had little means of control outside of planting 100 clowns in that circus theatre.. Now they can focus on the wire and warehouses game.
Short
by markhor-ka-seengh