The Causes of Pak Rupee Devaluation

Date/year
Currency
Selling TT & OD
Buying TT Clear
Buying OD/T.CHQ
30-Jun-1999
UD$
51.9
51.4
51.3703
29-May-2000
UD$
51.9
51.4
51.3747
30-May-2001
UD$
63.5
63
62.88
30-May-2002
UD$
60.5
60
59.92
30-May-2003
UD$
57.75
57.55
57.47
29-May-2004
UD$
57.8
57.6
57.52
30-May-2005
UD$
59.7
59.5
59.39
30-May-2006
UD$
60.4
60.2
60.07
30-May-2007
UD$
60.83
60.63
60.46
30-May-2008
UD$
67
66.8
66.62
30-Apr-2009
UD$
80.45
80.25
80.07

Monthly Chart from May 2008
Country
Currency
Selling TT & OD
Buying TT Clear
Buying OD/T.CHQ
9-May-08
UD$
67.5
67.3
67.12
9-Jun-08
UD$
67.45
67.25
67.07
9-Jul-08
UD$
71.2
71
70.81
9-Augl-08
UD$
72.4
72.2
72.04
9-Sep-08
UD$
76.2
76
75.83
9-Oct-08
UD$
79.45
79.25
78.91
10-Nov08
UD$
81.1
80.9
80.66
11-Dec–08
UD$
78.7
78.5
78.28
9-Jan–09
UD$
79
78.8
78.6
9-Feb-09
UD$
79.4
79.2
78.99
9-Mar-09
UD$
80.6
80.4
80.22
9-Apr-09
UD$
80.5
80.3
80.12
9-May-09
UD$
80.35
80.15
79.97
4-Jun-09
UD$
80.6
80.4
80.22
9-July-09
UD$
81.5
81.3
81.12
8-Aug-09
UD$
82.3
82.1
81.92
8-Sep-09
UD$
83.1
82.9
82.72
8-Oct-09
UD$
83.2
83
82.82
10-Nov-09
UD$
83.6
83.4
83.22
8-Dec-09
UD$
84.1
83.9
83.72
8-Jan-10
US$
84.85
84.65
84.47
8-Feb-10
US$
85
84.8
84.62
8-Mar-10
US$
84.75
84.55
84.37
8-Apr-10
US$
83.6
83.4
83.22
7-May-10
US$
84.25
84.05
83.87
8-Jun-10
US$
85.45
85.25
85.06
8-Jul-10
US$
85.7
85.5
85.31
9-Aug-10
US$
85.9
85.7
85.51
8-Sep-10
US$
85.95
85.75
85.56
8-Oct-10
US$
85.85
85.65
85.47
8-Nov-10
US$
85.55
85.35
85.17
8-Dec-10
US$
85.75
85.55
85.37
8-Jan-11
US$
85.80
85.60
85.52

10-Feb-11
US$
85.25
85.05
84.87
10-Mar-11
US$
85.3
85.1
84.85
09-Apr-11
US$
85.1
84.9
84.68
10-May-11
US$
84.85
84.65
84.43
10-June-11
US$
85.7
85.5
85.28
01-Jul-11
US$
85.95
85.75
85.53
01-Aug-11
US$
86.6
86.4
86.18
06-Sep-11
US$