Both the Pakistani Rupee and Asad Umer are artificially overvalued, economists at a moot at the Centre for Economic Research at the Karachi University have concluded. “We need to weigh the plusses and minuses here. It’s really very expenses to keep them both where they are right now.”“But we also need to make sure that the alternate strategy is well in place,” she said. “If we’re letting the rupee slide, we should stop the open market operations and not by printing more notes. Similarly, we need to get someone competent in place of Asad Umer, not give Imran Khan the additional portfolio.”

Source: Pakistan Today April 16, 2019 11:15 UTC