In a groundbreaking move influenced by the recent surge in the value of the Pakistani Rupee (PKR) against the U.S. dollar, Lucky Motor Corporation (LMC) has announced plans to slash the prices of their vehicles. This exciting development was unveiled in an official press statement issued by the company earlier today.
The price adjustments and updated rates are set to take effect from October 6, 2023. LMC’s decision to reduce prices is a testament to their unwavering dedication to their customers, underscoring their commitment to providing value and transparency.
One cannot ignore the remarkable trajectory of the local currency, which has been consistently strengthening against the US dollar for an impressive 22 consecutive trading sessions. This financial triumph culminated in a remarkable performance in September, marking the second-best showing since 2014, with a remarkable 6.19% gain against the US Dollar. Notably, the PKR clinched the prestigious title of the best-performing currency worldwide for the month.
This upward momentum in PKR’s value is attributed to a decisive crackdown on illegal dollar trading, orchestrated with the backing of the military, which has significantly enhanced transparency in financial markets.
It is imperative to note that LMC, a prominent Pakistani automobile manufacturer, operates as a subsidiary of the renowned South Korean automobile giant, Kia Motors. This move to lower vehicle prices underscores LMC’s commitment to its loyal customer base and its dedication to adapting to dynamic market conditions.
 against the U.S. dollar, Lucky Motor Corporation (LMC) has announced plans to slash the prices of their vehicles.){kind=link}