Rupee slumps to all-time low of 134 against US dollar

[Syed1.]

What a 'game changer' CPEC has been for Pakistan. It gives and will continue giving. And still no one knows the term and conditions of the agreements.

Chal munnay buhat hogayi trolling ab kat lay warna teri aukaat yaad dilani paregi

 

[Tom M]

Somebody tell these patwaris doing bhangra over this drop in dollar that bc this effects you as well. They are so thick they don't even realize it.

Buddy, everyone know that here. Rather than our currencies falling it is the dollar appreciating against all others since the U.S economy is slowly picking up after long period of lows.

I guess the replies of almost all Indian's here are a response for the thread started by and the ridiculing by your friend Mr. @BHarwana

Indian Rupee dives a new record low against dollar

P. S: Those who live in glasshouses should not throw stone at others. Otherwise be ready to receive stones back. So no use in complaining.

 

[Verve]

So?

Elect looters and suffer the consequences.

 

[BHarwana]

Buddy, everyone know that here. Rather than our currencies falling it is the dollar appreciating against all others since the U.S economy is slowly picking up after long period of lows.

I guess the replies of almost all Indian's here are a response for the thread started by and the ridiculing by your friend Mr. @BHarwana

Indian Rupee dives a new record low against dollar

P. S: Those who live in glasshouses should not throw stone at others. Otherwise be ready to receive stones back. So no use in complaining.

What every Tom cannot understand is that elections in Pakistan are over but they are coming to India soon and till then Indian economy will boil down to ground.
Sad part is the time I am throwing stones is perfect for me you cannot defeat me in this battle.

https://twitter.com/x/status/1049661229185359872

 

[Tom M]

What every Tom cannot understand is that elections in Pakistan are over but they are coming to India soon and till then Indian economy will boil down to ground.
Sad part is the time I am throwing stones is perfect for me you cannot defeat me in this battle.

https://twitter.com/x/status/1049661229185359872

Sure we can't beat you. And do you know exactly why ????

 

[SunilM]

Sure we can't beat you. And do you know exactly why ????

HE is high on tomatoes.

 

[denel]

The impact to low and lower income citizens will be very impactful.

There needs to be a very strict controls on import and promotion on internal resources

 

[BHarwana]

Sure we can't beat you. And do you know exactly why ????

So why are you arguing even after knowing this? Because you have an agenda and no deterrence against me. Indian economy is down the drain and going it for last 2 months where as new govt in Pakistan is trying its best to find the best possible solution for Pakistan and that is what matters to investors.
Investors don't buy propaganda they buy decisions and Pakistan is taking them.

 

[VCheng]

Its only 8 billion from IMF. These few billion will be adjust in debt payments and circular debts. I really fail to understand the mathematics of Pakistan economy . Every finance minister has 3 things in his mind, VAT,variety of taxes and loans. They don't go beyond these lines. O and 4th is privatization, for that no asset left.

All I can say is that Pakistani finance ministers historically do not show evidence of a functioning mind.

 

[HAIDER]

All I can say is that Pakistani finance ministers historically do not show evidence of a functioning mind.

When finance minister is not qualified , cook books and on top bureaucracy is decades old rotten minds. No vision and out of box thinking is haram . Then what you expect.

 

[Lucky Breeze]

PTI shook the confidence them selves by every day crying against economy forgetting that it will hurt them in the back.
To gain sympathy they made them self a target and became prey. When you get an office you speak progress and not dance on previous falls. People's job was to vote they voted you now stop crying and start delivering.

It started on IK's first speech. He stated that economy is in ruin but didn't give any economical plan. You can never attract investment through sympathy or patriotism. Plus after few days he announced chanda campaign. It further shakes the investor about their approach.

Everybody knows that Pakistan needs to borrow to maintain payment balance. But IK delay it on political grounds and try to get billion on dollars from KSA and china. But nobody will invest such huge amount through short term investment in a country whose PM is saying we are in ruins and asking for donations.
As result capital flight has started.

By these donation calls the impression goes all over the world that current government don't have any plan or any economic policy. BTW economic policy is still unannounced.

 

[VCheng]

When finance minister is not qualified , cook books and on top bureaucracy is decades old rotten minds. No vision and out of box thinking is haram . Then what you expect.

What I expect is exactly what we can see already.

 

[HAIDER]

thugs life london streets

 

[xyxmt]

Its a fall of 12 PRK in a day!! Well done Kaptaan!

its not a fall genius its devaluation by govt

 

[Kabira]

Expected, it may reach Rs150 soon. Good for exports and bad for imports. Also bad for people who consume imported items.