Dollar hit to 166.30 inter bank market against PKR. 2.2 rupee devalaution in a just 3 days.

[salute]

Tell me when PTI does 20 billion CAD View attachment 772856

Here is a resource for youView attachment 772857

No one leaves their currency free. Stability in the currency is the key to attracting investment. You need to pick a range and support it. Ishaq Dhar took it to one extreme and now PTI is taking it to the other.

 

[Desprado]

Tell me when PTI does 20 billion CAD View attachment 772856

Here is a resource for youView attachment 772857

with 13 billion dollar CAD and currency devalued to PKR 200 against Dollar, with debt to pay more than 14.5 billion dollar and 13 billion CAD is equal to 27.5 billion dollar funding.In PMLN worst year 19 billion dollar CAD and 9 billion dollar external debt in 2018 is equal to 27 billion dollar. So PTI is only behind 500 million dollar ,however, PMLN managed it far far better than PTI even after pumping dollars is because they had FDI, Secondary investment, CPEC projects, debt investment, and SCRA inflows. From 120 to 166.20 just has a 500 million dollar difference from PMLN.



Exchange rate is due to lac of investment devaluing, RDA inflows TDR in PKR are getting out due to - returns, FDI at the same level of 2011, Chinese Investors are not investing, SCRA is outflow based only, All foreigners are taking out money from PSX.

PTI is lying totally laying no where in the world CAD is managed with devaluation. It is always managed with debts investment, FDI, other market inflows and secondary investment.


No where in the world investors some when he wakes up the currency he invested from 14 weeks back was 152.88 and gone to 166.40. No where the world it happens when country is in economic . Pakistan is the first ever country in the world ,where the devaluation is consider as an ecnominc growth and recover that is why now IMF, ADB, AIIB and WB is annoyed with Fantasy statement.s





You will see both Shukat Tarin and Reza Baqir getting dumped just like Asad Umar, Hafeez Sheik, Hammad Azhar, 6 FBR chairman and SPAMs.

No one leaves their currency free. Stability in the currency is the key to attracting investment. You need to pick a range and support it. Ishaq Dhar took it to one extreme and now PTI is taking it to the other.

PTI is the worst thing ever happen to Pakistan. I wish Imran Khan did not win the world cup in 1992. Ma choadi ha Pakistan economny ki.

Argentina 9th times default currency has managed better than Imran Khan economic growth recovery.

No one leaves their currency free. Stability in the currency is the key to attracting investment. You need to pick a range and support it. Ishaq Dhar took it to one extreme and now PTI is taking it to the other.

PTI chotya bana rahi ha.


There is no problem of import. It is the same level of March 2021 and had 163 million dollar CAD.

Biggest problem is that IMF, ADB, AIIB, WB, and now Chinese do not trust PTI at all and all our funding is paused due to mismanagement, knew jerk creations, lack of communications, blame game, Pissing UAE, KSA and USA took all their investment to India and we are pissing off Chinese to take their investment to else country.

 

[RealNapster]

Bullshit. It is devaluing

Okay

 

[Norwegian]

So you think daily 1 rupee devaluation is good for Pakistan economy? Nowhere in the world where currency devalues to 9% is called economic recovery and it is called inflation not recovery.
People will get more obsessed with Dollar when they know that investing in PKR is meaningless when you it is predictable that when you wakeup currency is 166 and end of the day it will be 167, than other day start it is 167.20 and end of the same day will be 168, next day start it is 168.20 and ending the same day with 169 so on.
Even local will not invest in business related to PKR so how will a foreign invest in PKR?

Currency devaluation is necessary evil to avoid future CAD crisis. No idea why you are so obsessed about it?

Can you share here standard chartered link??

Pakistan faces a currency crisis. Who will help?

China would probably rather supplement help from the IMF than supplant it

amp.economist.com

 

[Desprado]

Currency devaluation is necessary evil to avoid future CAD crisis. No idea why you are so obsessed about it?

Pakistan faces a currency crisis. Who will help?

China would probably rather supplement help from the IMF than supplant it

amp.economist.com

Chutya bahi CAD crisis will increase more with devaluation. No where in the world a country is sucessful to control CAD with devaluation. It can only be sustain by inflows of investment, FDI, Secondary investment and debt investment ,which is gone due to PKR has been in - returns.

 

[Norwegian]

No one leaves their currency free. Stability in the currency is the key to attracting investment. You need to pick a range and support it. Ishaq Dhar took it to one extreme and now PTI is taking it to the other.

Pakistan doesn't have enough currency exchange to support the Rupee. It can't even pay its debt repayments without taking more and more external loans

 

[RoadRunner401]

It took PMLN only 1 year to get us on white list when they came to power)

Desperate Modi, your Brain is powered by cow dung, Pakistan was placed on FATF because of PMLN during the PMLN government...

 

[Pakistan Space Agency]

www.xe.com

 

[Maula Jatt]

No body is devaluing the currency. The PKR is left alone so that it holds its own value based on Market to prevent damages to economy caused by currency manipulation.

Ah it's a tricky situation, if currency flip flop too much ultimately it impacts FDI, exports and everything

Dollar needs stability asap, and I am not too sure leaving it all up to the markets would help us in that regard, somewhere governments need to draw the line

Constant up and down of usd really turns of foreign investors

 

[Norwegian]

with 13 billion dollar CAD and currency devalued to PKR 200 against Dollar, with debt to pay more than 14.5 billion dollar and 13 billion CAD is equal to 27.5 billion dollar funding.In PMLN worst year 19 billion dollar CAD and 9 billion dollar external debt in 2018 is equal to 27 billion dollar. So PTI is only behind 500 million dollar ,however, PMLN managed it far far better than PTI even after pumping dollars is because they had FDI, Secondary investment, CPEC projects, debt investment, and SCRA inflows. From 120 to 166.20 just has a 500 million dollar difference from PMLN.



Exchange rate is due to lac of investment devaluing, RDA inflows TDR in PKR are getting out due to - returns, FDI at the same level of 2011, Chinese Investors are not investing, SCRA is outflow based only, All foreigners are taking out money from PSX.

PTI is lying totally laying no where in the world CAD is managed with devaluation. It is always managed with debts investment, FDI, other market inflows and secondary investment.


No where in the world investors some when he wakes up the currency he invested from 14 weeks back was 152.88 and gone to 166.40. No where the world it happens when country is in economic . Pakistan is the first ever country in the world ,where the devaluation is consider as an ecnominc growth and recover that is why now IMF, ADB, AIIB and WB is annoyed with Fantasy statement.s





You will see both Shukat Tarin and Reza Baqir getting dumped just like Asad Umar, Hafeez Sheik, Hammad Azhar, 6 FBR chairman and SPAMs.

PTI is the worst thing ever happen to Pakistan. I wish Imran Khan did not win the world cup in 1992. Ma choadi ha Pakistan economny ki.

Argentina 9th times default currency has managed better than Imran Khan economic growth recovery.

PTI chotya bana rahi ha.


There is no problem of import. It is the same level of March 2021 and had 163 million dollar CAD.

Biggest problem is that IMF, ADB, AIIB, WB, and now Chinese do not trust PTI at all and all our funding is paused due to mismanagement, knew jerk creations, lack of communications, blame game, Pissing UAE, KSA and USA took all their investment to India and we are pissing off Chinese to take their investment to else country.

Khotay Patwari, all FDI must be returned to the original investors in foreign currency regardless of current exchange rate. A foreign investor is only interested in country's ability to payback his investments in foreign currency, not local currency. Artifically stable rupee as your Ishaq Dollar did attracted FDI but as soon investors discovered the fraud, they were out. At least now there is no fraud going in the currency market. Foreign investors won't come unless net international reserves are positive again. It's a painful recovery process after the mess left by your favorite Pmln in 2018

Chutya bahi CAD crisis will increase more with devaluation. No where in the world a country is sucessful to control CAD with devaluation. It can only be sustain by inflows of investment, FDI, Secondary investment and debt investment ,which is gone due to PKR has been in - returns.

Khotay Patwari, explain how you are going to attract FDI with negative net foreign exchange reserves since 2018, even before this govt came into being? How are you going to artifically maintain stable exchange rate when net foreign exchange reserves are negative?

 

[Maula Jatt]

No one leaves their currency free. Stability in the currency is the key to attracting investment. You need to pick a range and support it. Ishaq Dhar took it to one extreme and now PTI is taking it to the other.

Thing is we are not interested in what you have to say, focus on your own issues

This has nothing to do with, this won't impact you, this is not your business

so kindly gthoh

 

[RoadRunner401]

After 11 months of surplus, the reported deficit of the current account and surging oil prices are bearing down on the rupee, reinforced by the recent decline. Additionally, market forces such as demand and supply also played their role in determining the exchange rate.


The demand for dollars continues to be strong due to pressure from importers on the back of strong economic recovery, pushing the domestic currency lower.


However, a few offsetting factors provide some cushion such as Pakistan’s foreign exchange reserves which are still at a fairly robust level, amounting to a total of nearly $25 billion on July 23


Anticipating the PKR outlook, the volume of remittances would likely surge in the months to come amid the fourth wave of Covid-19, and that compliance with FATF conditions regarding anti-money laundering would also play its role in rupee stability.


Moreover, oil prices in the international market are likely to ease off in the coming weeks which will also support the local currency to release some pressure

 

[Maula Jatt]

After 11 months of surplus, the reported deficit of the current account and surging oil prices are bearing down on the rupee, reinforced by the recent decline. Additionally, market forces such as demand and supply also played their role in determining the exchange rate.


The demand for dollars continues to be strong due to pressure from importers on the back of strong economic recovery, pushing the domestic currency lower.


However, a few offsetting factors provide some cushion such as Pakistan’s foreign exchange reserves which are still at a fairly robust level, amounting to a total of nearly $25 billion on July 23


Anticipating the PKR outlook, the volume of remittances would likely surge in the months to come amid the fourth wave of Covid-19, and that compliance with FATF conditions regarding anti-money laundering would also play its role in rupee stability.


Moreover, oil prices in the international market are likely to ease off in the coming weeks which will also support the local currency to release some pressure

All this sounds good

But the wider issue is still unresolved

Stability in USD, we are depending way too much on external factors for that, this is not good and needs fixing

Leave it all on the market than every few months something would happen to our external factors and this thing would keep repeating

 

[Norwegian]

Constant up and down of usd really turns of foreign investors

Investors are paid back in foreign currency. Investors are not coming because Pakistan doesn't have enough foreign exchange to pay back the investors

 

[El Sidd]

imran khan says government is corrupt