Open Market Currency Exchange Rates (Forex Rates) in Pakistan

As PTI comes onto two years, I felt like making this post on account of seeing multiple people supporting PML-N for having an allegedly better economy for Pakistan, particularly with allegations present that PTI has done nothing for the economy. So here's a short list of some major achievements done by PTI in contrast to PML-N.

Stopping Pakistan from defaulting: The move to devalue the rupee was one done despite knowing the backlash that would be faced. Under Nawaz Sharif the rupee was artificially overvalued through loans and forex reserves, this meant Pakistan had no sustainable way for repaying those massive loans. Imran Khan on the other hand had to approach the IMF due to these overlaying maturing debts, lack of growth in exports under PMLN, decline in Foreign Direct Investment and an ever higher import bill. This was done at the cost of letting the rupee massively devalue against the dollar, however paved the path for economic stability as noted by the IMF.
Renewed focus on taxation: Easily the most controversial facet of the economic policy by PTI, but one that has shown merit and results. Overall, there has been a 40% increase in returns filers and a 17% revenue increase. This coupled with a massive austerity scheme, meant that the government has started an incline towards increasing it's revenues. While this hasn't been met with open arms, it presents a solution to the everpresent crisis that the Pakistan government has faced, in it's inability to increase it's revenues. Not only that, but the general taxation system was streamlined, making it easier for individuals to file taxes. Introductions of new apps and consolidating activities for the FBR were among the efforts as well. Moreover, businesses that were entitled to tax refunds are finally being granted them, under PMLN they were held onto so as to inflate collection numbers, however under PTI that has changed and it's not inflated. It is worth noting, that because of the covid-19 pandemic, the effect of the austerity schemes and feasibility have seriously dampened, and it's created a bigger problem for increasing revenue collection.
- However it is one that can be solved. The government succeeded, quite commendably, in revising the tax collection revenue which had been set unrealistically high by the IMF. What can also be recognised, were the 60% cuts in the Presidential house. Alongside a 58% decrease in Presidential secretariat for allowances for officers and staff, not to forget the decision to not increase government salaries for this fiscal year nor introduce new taxes. A bold but needed decision.
The account deficit: Arguably one of the biggest examples of progress has been in the reduction of the account deficit. Under PML-N the account deficit had carried forward, and increased to nearly $5 billion, but shrunk massively once PTI came into power. A total decrease of nearly 78% from the previous fiscal year. The lowest recorded from the previous 5 years. Even when looked at from the perspective of the account deficit in percentage of GDP; the general trend has been improving under PTI. Under PMLN the total account deficit as a % of GDP had grown to -5.4%, however under PTI it has shrunk to -1.1% of GDP in FY2020 and was -3.4% in 2019.
- It is worth noting, that some may criticise the overall decrease in the account deficit to be a result of the decrease in imports, and the increase in worker remittances, however this was indeed a result of the overall economic impact from the covid-19 pandemic. And that general trends support the notion of exports increasing and the account deficit decreasing in the second quarter of 2019.
Revitalisation of exports & balance of trade: The shift in policies towards increasing exports has been among the most vital, the growing negative balance of trade under PML-N finally stabilised under PTI. Although the recent spikes can be attributed to the global drop in imports because of covid-19, and the overall curtailing of imported goods. The export rates in Pakistan have shown a massive growth as well; going from negative growth to spontaneous positive growth. Nearly doubling in total export value, going from -5% growth in 2015 to +10% growth in 2019. Which are massive, and much-needed improvements. World bank data shows the rapid decline of Pakistani exports which occurred, as a % of GDP, which went from 13% in 2013 when PML-N came into power, to 8% in 2017 — a near 40% decrease in total exports from 2013-2017. To which we now once again notice the growth where the exports as % of GDP have increased to 10% in 2019 from 8% in 2017; recording an overall positive growth of 10%. These things all in all prove the export based benefits PTI has managed to bring in it's tenure, which sadly have seen a halt due to the effects of covid-19, yet the situation remains hopeful in the recovery. Especially given Pakistan is recording a trade surplus with Italy and other such examples.
Ease of Business: One thing that cannot be sidelined is the massive improval in the ease of business. While under PMLN, Pakistan massively decreased in it's EoB Iease of business) ranking, going from 110 to 136 to so on. Once Imran Khan came into power, Pakistan climbed the Ease of Business ranking, with a massive improvement of upto 28 spots. A huge increase over PMLN, where it had fallen by a total of 36 positions. For perspective. Currently Pakistan stands at 108th, as a result of easing tax collection, reducing corporate tax, introducing online one-stop shops which made the process of starting businesses considerably easier, and the overall ease in paying taxes through online processes.
Tourism: The reforms and measures taken to facilitate tourism in Pakistan were evidently among the most successful — Pakistan went from being sidelined to being amongst the worlds top destinations to visit. There were multiple reasons for this, the removal of the mandatory NOC, the initiative for online visas for upto 175 countries alongside visa-on-arrival for 50 countries were among the facilitating measures taken for tourism.
Foreign Direct Investment: What can be appreciated is the general reception of Pakistan's economic outlook, where FDI climbed by upto 137% within this fiscal year, gathering upto nearly $2.1 billion. Yet, once again — the pandemic will undoubtedly cause most countries to rethink their economic policies for now, and the overall FDI might see a downward trend with regards to global decrease in FDI. Despite, the increases in FDI are welcomed, especially considering total foreign investment rose 380 percent to $2.375 billion in July-March FY2020. Yet the sustainability of this remains to be seen.
Dealing with covid: Despite all odds, Pakistan has somehow managed to deal well with the pandemic. Coming out relatively alright, in perspective of countries such as India, Mexico, Italy, Brazil etc. The factor that plays out, is that despite being incredibly vulnerable, the country managed to pull through and has markedly reduced the impact of the virus. With regards to the economy, taking a bold risk of abating a complete lockdown, whilst met with criticism was once again a factor that showed competency. Keeping in mind that 51 million Pakistanis lived below the poverty line, and the adverse effect it would have on the economy. Pakistan managed to come through the economic contraction with only a -0.38% growth. Although the full effects are still not abated or understood, what's commendable is the fact that Pakistan under PTI has kept itself from an even worse situation. Whilst managing to keep covid under relative control. Especially given increases in exports despite the pandemic in countries such as Qatar, Saudi Arabia, and Italy.

This is by no means a highly comprehensive list, just my opinion on some of the bigger achievements; saving the economy from defaulting, adopting tax reforms, tourism reforms, export reforms among them whilst managing covid and economic stability with relative success.
There are of course a multitude of other factors, successfully avoiding a blacklist from the FATF, macroeconomic reforms, attempts to strengthen the working class; ehsaas programs, Naya Pakistan housing schemes alongside other relief efforts. These are measures in accordance with curtailing the effect of increasing taxation and attempts to abate the economic slowdown that came as a result of forcing an increase in government revenue. Alongside the focus on multiple new hydroelectric dams, industrial cities, reduction of the PM office staff from 552 to 298, 10 billion tree project and an overall renewed interest in renewable energy and green Pakistan. The list is comprehensive.
Pakistan remains on a rocky path, it is not out of the woods yet. Covid-19 has seriously hampered the overall projections, and caused a worldwide economic contraction. Not only that, but there are criticisms that can be attributed to the government as well, as they are not without fault. However, the overall achievements of the government with regards to the economy do present hope for the long-term fiscal policy and development of Pakistan.

"We Don't Want This to be a 'Run and Gun' type of game" they said, (and thoughts on how to fix Trader economy)

TL;DR: Current state of servers promote terrible gameplay, introduce a Forex trader to buy any currency at a loss to help keep the economy flowing.
"We don't want this to be a run and gun type of game" - I remember reading the BattleStateGames devs saying.
And yet here we are, with those very mechanics being abused because the "desync" (what I would call "peekers advantage" from good ol' Counter Strike days, or what Battlefield players would call "Netcode") is the absolute worst I've seen in any game that I've personally played so far.
Since Scav aimbotting has decreased, it increased the amount of PVP combat that we've been seeing. If you want to win an engagement, simply be the faster-moving person around a corner. Even if your reaction time is at its worst, you will easily out-gun the other person. Instead of opening doors, breach them. By the time you're done kicking on their screen, you'll be filling them full of lead on your screen!
These kinds of situations make it counter-productive to bringing any higher-level gear, thus causing a hoarding problem. And now that we have a hoarding problem, everyone is trying to sell as much as they can to traders and buy little in return, which is why we have a hatchling problem because if you risk no loot, you have an infinite reward ratio.
If this game wants to see a circular economy, it has to reward just that. And you can't have a flowing economy if you're giving an advantage to those with no loot via terrible netcode. No one wants to buy from a seller if they know that it's a losing investment against having never bought anything at all.
Right now the only real path to growing your wealth in game is being a hatchling, as when you inevitably will die, you can still store things in your container. Do that successfully 2 or 3 times and bam, you have a PM.
But when you spawn in with the PM and get instantly killed to a hatchet from desync/netcode/clientside hitreg/peekers advantage, then you realize that the only way to really profit is by either abusing the game's netcode problem, or by not risking anything at all.
So now we have no one even buying the bare essentials off of peacekeeper, and prapor runs out of money now and then. The good thing I guess is that Fence is seeing some actual action now, but even that's limited.
Even if the netcode issues are fixed, that may not fix the attitude of ever-seeking the most minimal of profits, which would mean we still see the traders running out of money.
But I have an idea on how to fix that as well from having experience of being an actual Foreign Exchange trader. You could simply introduce a Trader that buys and sells currencies at variable rates, so he always profits!
Say you have hundreds of thousands of rubles, but only a thousand dollars, and only level 1 Peacekeeper that you would like to level up. You know you could sell Peacekeeper a freshly bought AK from Prapor for about 100 dollars, but he's always out of money, so what do you do? Currently, you wait at the trade screen and hit refresh to see if anyone with a higher level PK bought something from him, and once you see he has a little cash, you hit "deal" and then suddenly, he's already out of money, so it boots you back to the main menu.
But with the Forex trader, you could instantly buy $250 worth of rubles, and then buy the p226 that you wanted to play with, and also you helped level up your trader AND Peacekeeper has more money to give to someone else!
If you made it this far, thank you for reading my autistic rage/suggestion/feedback.

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Open Market Currency Exchange Rates (Forex Rates) in Pakistan

2 years of PTI with the economy

"We Don't Want This to be a 'Run and Gun' type of game" they said, (and thoughts on how to fix Trader economy)

today new currency rate usd.bhd.pound,euro ,riyal