USDPKR about to hyperinflate? Pakistan will default?
USDPKR is closely following USDLKR before the Sri Lankan Rupee hyperinflated in April 2022.
Below USDLKR can be seen creating a pattern in 2020 and 2021 very similar to what
USDPKR
has been doing in the last year.
Here is what happened after Sri Lanka defaulted, and
USDLKR
went from 200 to 360 in a matter of days
Given the above fractals, is it possible that Pakistan can defailt soon? If it does and it follows through on the pattern, USDPKR can jump from from the 280s to the high 400s very quickly.
Below USDLKR can be seen creating a pattern in 2020 and 2021 very similar to what
USDPKR
has been doing in the last year.
Here is what happened after Sri Lanka defaulted, and
USDLKR
went from 200 to 360 in a matter of days
Given the above fractals, is it possible that Pakistan can defailt soon? If it does and it follows through on the pattern, USDPKR can jump from from the 280s to the high 400s very quickly.