Pak rupee devaluation against asian countries

[Scribbller]

Tons of dollars have been pumped into afghanistan in the whole war on terror thing has gotten their rates up

Currency rates have got nothing to do with the economy as per say, The yen is roughly equal to the rupee (1 yen = Rs 1.03) and japan has a much much better economy

Comparing devalued currency of Japan and Pakistan is like comparing apples and oranges. Japan is an export oriented economy hence it is in their interest to keep their currency devalued as that helps keeping prices of their exports low as a result exports increase. On the other hand Pakistan is an import oriented economy alot of our basic raw materials eg oil are imported as a result a devalued currency results in increasing cost of production hence increase in prices for everything (including exports) which will affect the exports in future again which will devalue the currency even further (hence we are caught in a vicious circle).

[2c]

Can some one provide me the exchange rate of Iraqi Currency, I have 2 lakh of it.

<table class="ucc_in" width="100%" border="0" cellpadding="0" cellspacing="0"><tbody><tr><td class="rate" align="right">200,000.00 IQD</td> <td class="rate_equal" align="center">=</td> <td class="rate" align="left">14,721.03 PKR</td></tr></tbody></table>

[memad]

<TABLE class=ucc_in border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=rate align=right>200,000.00 IQD</TD><TD class=rate_equal align=middle>=</TD><TD class=rate align=left>14,721.03 PKR</TD></TR></TBODY></TABLE>

Thanks man, let me find where I kept them, I think its time to exchange