Assange
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Obama has Given Lolly Pop to India to stop their Mouth on the Aid by saying :
Yes it is true what you said...
Americans have back stabbed Indians yet again.....
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Obama has Given Lolly Pop to India to stop their Mouth on the Aid by saying :
Pakistan's forex reserves today stand at $ 15 billion. With 1 billion of USD coming in, the reserves will go up by 7% (1 = 7% of 15)
Yes it is true what you said...
Americans have back stabbed Indians yet again.....
Its a double edged sword really. If the currency becomes too strong, even that's not good. Because it makes exports more difficult as their cost goes up in the market currency. Also with your currency becoming stronger, the imports become cheaper and local industry faces pressure. Hence the Central banks need this reserve as a lever to control this delicate balance.Thanx for such a wonderful article i have read it
So how much comfort do foreign exchange reserves provide in times of extreme market volatility?
Here does this phrase means if i have to answer that , when the currency of pakistan lets say would decline againt the US dollar so Reserve bank of Pakistan can buy in the market with heave money and it would move the market and the currency would stabilize ???
no lets buy weapons from russialets buy food now and electricity too.
DUH!!!Thanks for keeping us up todate on Pakistan´s forex reserves.
We missed such service during Musharraf era.
However, unfortunately before the $1 billion comes, we´ll be already spending $10 billion on transit aid to Indian contractors, digging gold from Afghanisatn.
DUH!!!
Congratulations to Pakistan i hope they use this aid to fight terrorism and not
this
'Pakistan used US anti-terror military aid to fight India' - TOI Mobile | The Times of India Mobile Site
Congratulations to Pakistan i hope they use this aid to fight terrorism and not
this
no lets buy weapons from russia
Yea Hurray that is what i am talking about , pakistan should use this money againt india ..and buy weapons