163 | How Pakistan Can Increase Its Export? Ft. Gonzalo Varela
Thought Behind Things
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The Real Exchange Rate
In the case of pakistona, the exchange rate now is about a hundred 71 to one. It means that if you put one dollar on the table, someel will come with a hundred 71 rupees. Is basically the price of the dollar expressed in in i domestic currency. Unso import prices, from the perspective of the purchasing power of pakistanes, are not changing in real terms. They are changing in nominal terms.
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