"Pakistan is Now Over 92% More Likely to Default on its Debt"
Here is my analysis against US DOLLAR PAKISTAN RS.
Dollar Rate will more rises in upcoming days the main reason is there is no NO POSITIVE NEWS and SUPPORT ZONE after Imposed Imported government (PMLN) by AMERICA & Support by Pakistani Establishment.
1st Target Rs.225.58
if candle close above 38.20% of...
Key timelines in Pak political timeline are marked, no significant developments in last two weeks.
- DXY Strengthening is a cue for further falling for PKR
- Inflation stands at 40% YoY for the Sensitive Price Index.
- Inflation since 2022 Jan is ~25% on official records.
Already made loss of 30% since YTD. Further falling expected.
if we take a look at btc against the countries which traded the btc mostly.
to take out the inflation and market noise. we need to look at the chart with 5 major countries which are buying and selling bitcoin in their local currencies.
CNY, INR, PKR, NGN, EUR so if we average out these currencies we will get a value and then we divide btc with that value we will...
By the close of last week's trading session, the top 3 worst performing currency pairs came out to be the USD/PKR (-4.91%), NZD/USD (-2.61%), and USD/SEK (-2.04%).
To help determine the direction that these pairs will take this week, we will use the Hacolt Indicator (Vervoort Heiken-Ashi Longterm Candlestick Oscillator). Will the pairs continue to slide, or are...