Comments on: Despite Strengthening Rupee, Assemblers Refuse to Cut Down Prices https://carspiritpk.com/despite-strengthening-rupee-assemblers-refuse-to-cut-down-prices/?utm_source=rss&utm_medium=rss&utm_campaign=despite-strengthening-rupee-assemblers-refuse-to-cut-down-prices Pakistan's Trusted Automobile Blog Mon, 25 Sep 2023 19:21:10 +0000 hourly 1 https://wordpress.org/?v=6.7.1 By: Ali Khan https://carspiritpk.com/despite-strengthening-rupee-assemblers-refuse-to-cut-down-prices/#comment-14624 Mon, 25 Sep 2023 19:21:10 +0000 https://carspiritpk.com/?p=73254#comment-14624 Same old companies. Same old game. On the other hand, these companies might know something that we don't. With their refusal on the price drop, it might mean the current drop in the dollar rate is temporary and the dollar will start to rise again soon. We have seen this behavior many times in the past year or so alone. Don't forget Pakistan still has to make some heavy (interest) repayments on loans by year end. Dollar reserves go down, dollar rate goes up.]]> So, what else is new?! 🤷‍♂️ Same old companies. Same old game.

On the other hand, these companies might know something that we don’t. With their refusal on the price drop, it might mean the current drop in the dollar rate is temporary and the dollar will start to rise again soon. We have seen this behavior many times in the past year or so alone. Don’t forget Pakistan still has to make some heavy (interest) repayments on loans by year end. Dollar reserves go down, dollar rate goes up.

]]> By: Ahmed Ali https://carspiritpk.com/despite-strengthening-rupee-assemblers-refuse-to-cut-down-prices/#comment-14622 Mon, 25 Sep 2023 10:45:01 +0000 https://carspiritpk.com/?p=73254#comment-14622 local assemblers are chors and thugs,, the biggest looters

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