According to Bloomberg analysts, Pakistan rupee is undervalued by roughly 14%. Confidence in the currency has waned due to delayed IMF aid and political unrest following the jailing of opposition leader Imran Khan on corruption charges. However, analysts anticipate that the unrest will subside and the rupee will regain its value post the October elections. The rupee, currently trading around 285 per USD, is estimated at a fair value of about 244. This estimate accounts for changes in the real effective exchange rate needed to align the current account deficit with long-term trends. Still, further confrontations between Khan and the government, or if the IMF decides against disbursing loans, could potentially weaken the currency.