Rupee falls to Rs189.5 against dollar in inter-bank

[SD 10]

Imported government leading Pakistan into financial abyss.

wait few more weeks..... we will cook them up along with their military sympathizers!!!!! Bring on the 200 mark for dollar!!!!!

I also see similar thing between the emotion heat between Indonesian Islamist+ Nationalist Religious faction vs Secular+ Non Muslim faction in Indonesia.

Even you can see secular Indonesian PDF member wanted to kill those Islamist in large numbers posted in this forum. This hate is not productive and only bring doom and divided nation

I am actually close to Islamist and Nationalist Religious faction in ideology, but I picked Jokowi due to his economic program and also how he handle defense procurement program where he is highly pro local defense industry.

In the end the groups that should be the king maker is the rational ones, if these group become larger then democracy can be productive and result in good government since they dont go to emotion when picking leaders, instead programs, track record, and real results

dude i respect you but please dont speak in matters which you have no idea of. Pakistan is a very diff place!

 

[Bilal.]

I also see similar thing between the emotion heat between Indonesian Islamist+ Nationalist Religious faction vs Secular+ Non Muslim faction in Indonesia.

Even you can see secular Indonesian PDF member wanted to kill those Islamist in large numbers posted in this forum. This hate is not productive and only bring doom and divided nation

I am actually close to Islamist and Nationalist Religious faction in ideology, but I picked Jokowi due to his economic program and also how he handle defense procurement program where he is highly pro local defense industry.

In the end the groups that should be the king maker is the rational ones, if these group become larger then democracy can be productive and result in good government since they dont go to emotion when picking leaders, instead programs

I am sorry brother. You know your country better and I respect your choices. But it doesn’t look nice that you comment on Pakistan’s internal politics and post in agreement of a person calling a whole section of Pakistani society fascists just because he holds different political leanings.

If it were for these people they would call our founding father and his followers a personality cult and fascists.

It’s just the latest character assassination attempt by the noon league goons. The previous labels for Imran Khan have been:

- Agent of the Jews
- Sportsman who will never come to power
- B Team of PPP (ironic as they are now coalition partners)
- Taliban Khan

Fascist is just the latest label peddled by the PMLN mafia and its brainless followers as you can see on this forum.

PMLN is a bunch of filthy people who back in the 90s threw doctored nude pictures of Late Benazir Bhutto from helicopters over cities to do her character assassination. It’s in their blood.

Shows who is fascist…

 

[Bengal71]

An honest leader deposed at the behest of the imperialists by the Mir Jafars.

 

[Indos]

I am sorry brother. You know your country better and I respect your choices. But it doesn’t look nice that you comment on Pakistan’s internal politics and post in agreement of a person calling a whole section of Pakistani society fascists just because he holds different political leanings.

If it were for these people they would call our founding father and his followers a personality cult and fascists.

It’s just the latest character assassination attempt by the noon league goons. The previous labels for Imran Khan have been:

- Agent of the Jews
- Sportsman who will never come to power
- B Team of PPP (ironic as they are now coalition partners)
- Taliban Khan

Fascist is just the latest label peddled by the PMLN mafia and its brainless followers as you can see on this forum.

PMLN is a bunch of filthy people who back in the 90s threw doctored nude pictures of Late Benazir Bhutto from helicopters over cities to do her character assassination. It’s in their blood.

Shows who is fascist…

Sorry to comment on your internal politics, but I have come to this kind of thing as well so I know your feeling. I know this is also Pakistan first time in watching their PM is ousted due to non confident vote which is basically democratically legal despite what ever reason become the basis of non confident vote.

I would say better not solve the issue on the street, but on democracy systems tools like election where 1.5 years from now there will be election.

I see emotional Imran Khan with his political choices after being ousted in parliament. Instability is not good for economy and this kind of thing can divide the people as well.

 

[Bilal.]

Sorry to comment on your internal politics, but I have come to this kind of thing as well so I know your feeling. I know this is also Pakistan first time in watching their PM is ousted due to non confident vote which is basically democratically legal despite what ever reason become the basis of non confident vote.

I would say better not solve the issue on the street, but on democracy systems tools like election where 1.5 years from now there will be election.

I see emotional Imran Khan with his political choices after being ousted in parliament. Instability is not good for economy and this kind of thing can divide the people as well.

Bro no confidence vote is not an issue. It is indeed a legal process. But what you are not aware of is how it was brought about and how votes are bought and sold blatantly and openly in Pakistan.

Just like witness in a case is legal process. But buying or coercion of witness isn’t.

The same people were videoed a year or so back bribing MPAs for senate election and the case is still pending in the kangaroo courts and election commission which is acting like an extension of PMLN.

That’s why I am saying you are not aware of local back stories and complexities.

 

[Wood]

Based on a good friends calculations who’s an economics professor at Columbia University he said don’t be surprised if in two months time it touches PKR 220 and even 240 wouldn’t be far fetched either.

Well if we know this for certain, then we can put our money on this and become rich
What are the chances that Pakistan can negotiate some deferred payment for oil with Gulf? Saudi people are friendly with China these days, so mutual alignment of interests can entice them to not pressure Pakistan. They have also been historically close with Nawaz. $2 or $3 billion is not a big deal for Saudi, but can help Pakistan bring the reserves up again. This will help deal with external pressures on the currency.

 

[Wood]

I really hope rupee cross over 200. Really want to see this govt start getting bashed over inflation asap.

You wish hardship on your vulnerable population for political partisanship.

This devaluation will affect the people in lowest income bracket exponentially more than people in middle class.

 

[Chak Bamu]

In the end the groups that should be the king maker is the rational ones, if these group become larger then democracy can be productive and result in good government since they dont go to emotion when picking leaders, instead programs, track record, and real results

If you were to ask them, I am sure they would describe themselves as rational & educated.

The whole trick is to make the conversation not about results, track-record, or programs. It is to steer conversation to irrelevancies & attack opponents based on self-made conspiracy theories, & what-not. The real trouble is that the present cult/fascism was actually promoted by serving generals. I fail to find any argument except institutional interests, & even there its not clear how they were promoted. Its completely mystifying to me how we ended up with IK & this present lot of his fanatic supporters.

Don’t use abusive language like a fascist. Though your tendencies might tempt you to…

The only fascists around are PTI trolls. You are one of them.

You wish hardship on your vulnerable population for political partisanship.

This devaluation will affect the people in lowest income bracket exponentially more than people in middle class.

These privileged people never consider impact on poor. For them their mahatama is the only cause that exists above all else.

Just read their thoughts & see. This is proper Modi-Bhakt level of blind support.

 

[Dalit]

Forex trading is not for the faint hearted

Neither is US meddling in foreign lands.

 

[Bilal.]

The only fascists around are PTI trolls. You are one of them.

Labeling, name calling, ad hominem attacks, character assignation. Hallmarks of PMLN fascists like you.

 

[Dalit]

KARACHI:
The Pakistani currency recorded a sharp drop of Rs3.39 on Thursday and plunged to an all-time low of Rs189.51 against the US dollar in intra-day trading in the inter-bank market owing to political turmoil in the country.

The domestic currency had closed at Rs186.13 against the greenback on Wednesday.

Sources said that rupee dropped beyond Rs190 in the open market because only a nominal amount of the foreign currency is available for buying by individuals.

Experts said that uncertain domestic political situation was mounting pressure on the rupee.

Besides, the central bank also refrained from intervening in the market to rescue the sinking rupee. The country's foreign exchange reserves have depleted rapidly over the past six to seven weeks to a two year low of $12 billion.

Analysts stated that pressure mounted on rupee after the International Monetary Fund (IMF) once again placed its $6 billion bailout programme on hold.

Besides, Pakistan’s trade deficit shot up 70% to $35.5 billion in the first nine months of current fiscal year 2022 which added to the depreciation.

Rupee falls to Rs189.5 against dollar in inter-bank | The Express Tribune

Crosses Rs190 mark in open market in intra-day trading

tribune.com.pk

A depreciation of RS 3.39 in a single day

Establishment can continue with being "neutral"

Where the f*ck is state bank of Pakistan?

LOL did these fools really think that Pak was going to recover economically after Showbaz selected government? The first impression is usually a good indication of what is to come.

Showbaz will be engulfed by a crappy economy until next elections. An economy his brother Nawaz Sharif and godfather Zardari gifted to Pakistan years ago.

 

[Chak Bamu]

If it were for these people they would call our founding father and his followers a personality cult and fascists.

Who would do that? Name them & show an example of someone having done that. Yes, I am calling out your strawman.

There is another implicit problem. You are indirectly comparing IK with our founding father. What a shame.

It’s just the latest character assassination attempt by the noon league goons. The previous labels for Imran Khan have been:

Anyone who presents himself as messiah & cultivates a cult of his personality & call for violence, while himself being devoid of decency, tolerance, & foresight, would be called a fascist.

- Agent of the Jews
- Sportsman who will never come to power
- B Team of PPP (ironic as they are now coalition partners)
- Taliban Khan

The only one of these appellation that actually sticks is that of Taliban Khan & it is well-deserved.

Fascist is just the latest label peddled by the PMLN mafia and its brainless followers as you can see on this forum.

If it walks like a duck & it qualks like a duck, then it is a duck.

PMLN is a bunch of filthy people who back in the 90s threw doctored nude pictures of Late Benazir Bhutto from helicopters over cities to do her character assassination. It’s in their blood.

Shows who is fascist…

Yeah, let us see who is fascist, shall we:

 

[Dalit]

Who would do that? Name them & show an example of someone having done that. Yes, I am calling out your strawman.

There is another implicit problem. You are indirectly comparing IK with our founding father. What a shame.

Anyone who presents himself as messiah & cultivates a cult of his personality & call for violence, while himself being devoid of decency, tolerance, & foresight, would be called a fascist.

The only one of these appellation that actually sticks is that of Taliban Khan & it is well-deserved.

If it walks like a duck & it qualks like a duck, then it is a duck.

Yeah, let us see who is fascist, shall we:

Enjoy Showbaz circus until the elections.

 

[Chak Bamu]

An honest leader deposed at the behest of the imperialists by the Mir Jafars.

Wait for the scandals. They are already coming to light. Some honest leader that is...

 

[Dalit]

Wait for the scandals. They are already coming to light. Some honest leader that is...

Scandals or fabricated BS by Showbaz government?