Sir: The Pakistani Rupee is an ever-sagging commodity against other currencies. This is true to the extent that even the Indian rupee is almost 30% greater in value than the Pakistani rupee. The conspicuous consumption and allowing of endless cars and luxury imports mean we need more foreign exchange than ever before, hence more export and a lower value of the rupee every year to make it possible. This is a sad state of affairs as it only helps certain exporters’ lobby but not the large majority of people. An increase in inflation leads to increased prices of consumer goods such as petroleum, vegetable oil, steel, medicines, gas and electronics.It seems that to please the IMF and the World Bank special measures have been taken. The low value of the rupee is a brainchild of the IMF and Western economic institutions that wish that the value of the West’s own imports never rise in dollar terms. True emancipation can only begin with the cleansing of our finance policies. Devaluation of the rupee is more frequent in interim administrations just before elections. M SHAIKHIslamabad