Pakistan Rupee Falls to a Record on Speculation IMF Loans Needed

[livingdead]

85 rupees to pound. I am not complaining.

 

[Nishan_101]

Today it reached 95.

 

[KRAIT]

Will it be nervous Ninety or a century....

 

[OrionHunter]

Seems like we all are in same sh*t.

Relax man! All is not lost. Exporters in India and Pakistan are having the last laugh, becoming millionaires overnight!!

 

[India defense]

aryan_b may have solution for this problem?

He will consult Zaid Hamid and let you know

 

[truthseer]

Now the thing is that we don't say 'Ajj kitni der bijli gayi', we say 'Aaj kitni der bijli ayi?!'

Why do people overseas assume that our situation is this bad? Like I've said many times before, most areas of the country except Punjab have very little load shedding. We hardly have any electricity to have load shedding

 

[BATMAN]

Looks like some one is sending money abroad heavily, from both countries and only rulers can do that.
Why rulers are doing that!! could be some inside information about near future of region!

 

[INDIC]

Dollar crosses Rs95 mark | DAWN.COM

The US dollar has reached an all-time high against the Pakistani Rupee, trading at Rs95.20, and the trend is expected to continue.

The rate is prevailing over currency markets all over the country, where as in certain areas the dollar is even being traded higher than Rs96.

While the major causes for the declining rupee are internal, such as a fragile economy, declining reserves, inflation, and lack of foreign investment, tense relations with the United States has a significant role to play in the downfall due to a serious lack of confidence in the currency.

The rupee also lost significantly against other major currencies, being traded at Rs25.68 against the UAE Dirham, Euro at Rs120, Pound at Rs146.86, and at Rs1.18 against the Japanese Yen.

 

[AbhijitSingh]

Dollar crosses Rs95 mark | DAWN.COM

The US dollar has reached an all-time high against the Pakistani Rupee, trading at Rs95.20, and the trend is expected to continue.

The rate is prevailing over currency markets all over the country, where as in certain areas the dollar is even being traded higher than Rs96.

While the major causes for the declining rupee are internal, such as a fragile economy, declining reserves, inflation, and lack of foreign investment, tense relations with the United States has a significant role to play in the downfall due to a serious lack of confidence in the currency.

The rupee also lost significantly against other major currencies, being traded at Rs25.68 against the UAE Dirham, Euro at Rs120, Pound at Rs146.86, and at Rs1.18 against the Japanese Yen.

And members here were rejoicing INR cross 55 ..

 

[manofwar]

And members here were rejoicing INR cross 55 ..

actually it has fell 70 paise today and reached 55.5 ........
And the SENSEX has been rising continuosly for almost a week now!!!

But the strange thing is that the HANG SENG has been seeing a continous fall for more than a week, despite the news of low inflation yesterday.........

 

[IND151]

^^ as we in Marathi say " swatacha ghar sambhalta yet nahi ani chalale jag jinkayala"