Jugger
SENIOR MEMBER
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Whatever it may be .... but it’s not working...!Dollar is backed by oil. What is rupee backed by?
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Whatever it may be .... but it’s not working...!Dollar is backed by oil. What is rupee backed by?
My friend is keeping 300$ dollars , says he will sell them when dollar will rise even more ... this is our condition , People are only good for raising slogans but when it comes to actually supporting Pakistan , they become deaf and dumb and say " iss mulk ka kuch nhi ho sakta " , Pure Hypocrisy ....
I guess you are right , people need to change themselves too but they can't because our politicians have divided our people ...Everyone in Pakistan look for their self interests only. I've seen that with Pakistanis even on this forum. The fault lies in people, so people should stop blaming govt and start fixing themselves.
Increase deposit and loan interest rates dollar will come down.
And state bank has already done it. This will bring dollar down. So people who are stocking dollar will now suffer.
Sell dollar or suffer lol. Well played by govt.
Dollar mafia will now be check mate and people will sell and this will bring down dollar price.
More explained here.
https://defence.pk/pdf/threads/changing-pakistans-economic-direction.619013/
Dorll will now rise only 2 to 3 % and interest rate will give now 12.25% so what is better to invest in? Obviously saving accounts so people will sell dollar to make saving deposits and dollar will fall.
It is simple math sell dollar or suffer.
Bro you cannot ban businesses, people need services but you can develop laws to those businesses play in your favor. Both PMLN and PPP did little legislation and gave an open economic ground for mafia. In today's world if leave one fault every one will exploit it and continuous legislation and improvement is need of this country.This will work only if they ban cash $ exchange.
Bro you cannot ban businesses, people need services but you can develop laws to those businesses play in your favor. Both PMLN and PPP did little legislation and gave an open economic ground for mafia. In today's world if leave one fault every one will exploit it and continuous legislation and improvement is need of this country.
Yes that is a good solution.It's not banning business, it's control via monetary policy.
People can exchange through banking channels but no hard cash $.
Dollar is yet not high as it was in PPP and PMLN
PPP Increased about 32 rupees (Having no deficit)
PMLN Increase about 27 rupees (Having previous 4 billion deficit)
PTI increased about 22 rupees (having previous deficit of $19 billion and this is just estimate)
I know you wouldn't feel an inch of shame but it's worth to try.
I guess you are right , people need to change themselves too but they can't because our politicians have divided our people ...