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

[Men in Green]

130 currently.

138 atm

 

[AZ1]

Now current rate is 131

 

[Novice09]

It was bound to happen. May go to around 150 Rs. What is important is what the government do to make sure we are not in same position after a few years and economic reforms, tax reforms, FDI etc is taken care of so that the economy can improve. The current dip is all because of the policies of previous government. What needs to be done now is that the next gov. do not faces same situation because of bad management of PTI government.

People often forget their duties towards the nation...
Tax evasion, corruption, theft and destruction of public property... a common phenomenon in our part of the world...

 

[AZ1]

https://hamariweb.com/finance/forex/usd-to-pkr.aspx

Forexpk.com

 

[SunilM]

138 atm

Should go to 150 by December. Time to buy dollar is now.

 

[Super Falcon]

IK has no right to rule

 

[Novice09]

of course they investing but yet its going down why???

As per my own analysis:

1. USA - Trade war and strengthening of US Economy... greenback is on fire...

2. India - rising oil prices...

3. India - Banking sector and NPAs...

All other economic factors are strong in India's case...

 

[AZ1]

IK has no right to rule

why is that? Ita doing of awam where is ishaw dar? Why took loan for metro and orange?

 

[Men in Green]

When DOLLAR went down from 128 to 118 after PTI took over, the credit was taken by IK and it's government. Now dollar reaches 138 and PTI starts blaming PMLN.

IAM NOT BLIND PTI SUPPORTER LIKE ALL OF YOU HERE.
#NAYA PAKISTAN

 

[AZ1]

When DOLLAR went down from 128 to 118 after PTI took over, the credit was taken by IK and it's government. Now dollar reaches 138 and PTI starts blaming PMLN.

IAM NOT BLIND PTI SUPPORTER LIKE ALL OF YOU HERE.
#NAYA PAKISTAN

Okay then you can go back to clean thw boot of nawaz family and zardari like you were used too.

As you were enjoyijg when usd 118 by PTI and now its 131and ur narative has changed. Once a patwari always a patwari matlab parast.

 

[zip]

Should go to 150 by December. Time to buy dollar is now.

Why forex reserve is loosing after so many projects with loan/FDI for Pakistan ?

 

[Men in Green]

Okay then you can go back to clean thw boot of nawaz family and zardari like you were used too.

just bcz i am criticizing Imran it makes me Nora supporter ? they should have went for IMF bailout early.

Imran khan should come forward and take responsibility of this. just like he did when dollar went from 128 to 118 when Imran came in power.

 

[AZ1]

just bcz i am criticizing Imran it makes me Nora supporter ? they should have went for IMF bailout early.

they have to tried every option and they did. Problem is you and who think this is because of PTI man they came just 30-50 days ago. They have not make policies yet. Any govt took more than 100 days to make policy. Its.old doing of nawaz and zardari that we are facing and imran was saying from years and yet u and other blaming him shame on you man. You cant do a jack to zardari nor nawaz who took loan enjoying comfort at their mahal. Since Imran khan is nice just bash him

 

[Novice09]

why is that? Ita doing of awam where is ishaw dar? Why took loan for metro and orange?

Pakistan is moving towards a debt trap... CPEC could be a game changer for Pakistan IF... Pakistan has implemented the funds as per the NEEDS AND REQUIREMENTS of PAKISTAN... but it is not the case...

China is building a link between energy rich middle-east and its Main land... Pakistan is just a transit corridor... which is paying to China for everything...

MONEY- China
Land - Pakistan
Use - China
Int - Pakistan

Beneficiary- CHINA

Want to discuss this in detail... just let me know...

When DOLLAR went down from 128 to 118 after PTI took over, the credit was taken by IK and it's government. Now dollar reaches 138 and PTI starts blaming PMLN.

IAM NOT BLIND PTI SUPPORTER LIKE ALL OF YOU HERE.
#NAYA PAKISTAN

Wherever I see Imran Khan and his team... I feel that they are a hybrid of Kejriwal, Modi and congress...

They take U turns like Kejriwal...
They show dreams like Modi...
They are corrupt as Congress under a non-corrupt MMS...

I always want to keep away from economic situation of PAKISTAN... because people are too sensitive about CPEC and IK...

No major change is going to happen until unless corruption is handled in a ruthless way... from top to bottom...

CPEC WAS a golden opportunity... but corruption and complete surrender in front of China has taken away its shine...

 

[SunilM]