Car prices to rise again very soon in Pakistan
Last time in the very beginning of August 2022, United States Dollar (USD) hit its top against Pakistani Rupee (PKR). At that time USD was valued at Rs 240.30 in transactions involving exchange of currency. By than almost all car manufacturers had increased their selling prices of Cars by a percentage starting from 14% to 25% in PKR. But later when International Monetary Fund (IMF) announced the confirmation of deal to resume the bailout plan, PKR again started rising in value to the point that it hit Rs. 113 against USD in Interbank at one point. Now after Rupee Regained its value, most of the auto manufacturers with few exceptions reduced their prices to compensate. However, this reduction was not […]