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

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Some people here remind me of this scene .....
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Devaluation of Rupee is the main reason why we are in such dire economic situation, govt must take Rupee value in control like dar did for 4.5 years, and not let open market decide the rupee value, or else the rupee will keep devaluate and our debt will keep rising.... This is the basic mistake PTI govt. making, the Rupee is vulnerable (plus rumours of new taxes due to new loan from IMF), so investors are wary of the situation and cautious, that is why investors pulled 270 plus billions from stock market, as a result stock market crashed.

This is the IMF game... They will provide high interest loans to countries and force them to devaluate their currency, thats it, the country is done.


The youthias here are not ready to learn or understand current crisis, all their intents are to defend IK and PTI, and abuse/accuse whoever disagrees with them.


 
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There may be a new Launch leaving the coast, with billions of dollars ...
 
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Devaluation of Rupee is the main reason why we are in such dire economic situation, govt must take Rupee value in control like dar did for 4.5 years, and not let open market decide the rupee value, or else the rupee will keep devaluate and our debt will keep rising.... This is the basic mistake PTI govt. making, the Rupee is vulnerable (plus rumours of new taxes due to new loan from IMF), so investors are wary of the situation and cautious, that is why investors pulled 270 plus billions from stock market, as a result stock market crashed.

This is the IMF game... They will provide high interest loans to countries and force them to devaluate their currency, thats it, the country is done.


The youthias here are not ready to learn or understand current crisis, all their intents are to defend IK and PTI, and abuse/accuse whoever disagrees with them.





Najaiz ulaad
 
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Devaluation of Rupee is the main reason why we are in such dire economic situation, govt must take Rupee value in control like dar did for 4.5 years, and not let open market decide the rupee value, or else the rupee will keep devaluate and our debt will keep rising.... This is the basic mistake PTI govt. making, the Rupee is vulnerable (plus rumours of new taxes due to new loan from IMF), so investors are wary of the situation and cautious, that is why investors pulled 270 plus billions from stock market, as a result stock market crashed.

This is the IMF game... They will provide high interest loans to countries and force them to devaluate their currency, thats it, the country is done.


The youthias here are not ready to learn or understand current crisis, all their intents are to defend IK and PTI, and abuse/accuse whoever disagrees with them.



Your a idiot like dar

What's the point of controlling a currency artificially whilst being mirred in corruption, having rampant theft, refusing to make structural reforms to economy which are essential....


The structural changes and reforms being made now are ESSENTIAL and must be made for the future of Pakistan

let the currency fall where ir may, change and reform is necessary

The youthias here are not ready to learn or understand current crisis, all their intents are to defend IK and PTI, and abuse/accuse whoever disagrees with them.

the current crises is,because PMLN and PPP are corrupt, inept with no planning or foresight

why and how are yo u blaming their ineptitude on a 2 month ild government which has to fix their legacy of ruin????


why are you defending them?



what is happening is neccersary for the future of Pakistan, we need to reform
 
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Your a idiot like dar

What's the point of controlling a currency artificially whilst being mirred in corruption, having rampant theft, refusing to make structural reforms to economy which are essential....


The structural changes and reforms being made now are ESSENTIAL and must be made for the future of Pakistan

let the currency fall where ir may, change and reform is necessary
PTI govt. is in power now, finish the corruption why only rhetoric??. Which reforms PTI has done, other than more taxes, what new law reforms they have done for tax collection, against Tax theft, against corruption, speedy judicial system, for prosecution, just a rhetoric, only rhetoric, yeh ayen baeyn shaen band karo.. your own leader IK talked against devaluation of rupee number of time in the past, cuz one major effect it makes it increase IMF debt manyfolds, thats what IMF wants, that is why their first demand from countries always is devaluation of their currency. Listen idiot watch the video (Dar's interview) may be you understand the issue at hand here.


 
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PTI govt. is in power now, finish the corruption why only rhetoric??. Which reforms PTI has done, other than more taxes, what new law reforms they have done for tax collection, against Tax theft, against corruption, speedy judicial system, for prosecution, just a rhetoric, only rhetoric, yeh ayen baeyn shaen band karo.. your own leader IK talked against devaluation of rupee number of time in the past, cuz one major effect it makes it increase IMF debt manyfolds, thats what IMF wants, that is why their first demand from countries always is devaluation of their currency. Listen idiot watch the video (Dar's interview) may be you understand the issue at hand here.


Honestly its all bullshit propagated by loosing parties very similar to CongOOs and Paapians do in india. No one should Prince Charming to correct decades of fuckups by waving magic wand like Hari Putter.
 
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One area where devaluation does help is in reducing labor costs in USD terms, but the side-effect is impoverishment of the domestic labor market generally with reduced buying power and a lower quality of life, mainly due to inflation.

Yes if imported goods/loans are a big/sensitive enough part of their daily bread basket. With Pakistan (like all developing countries, esp GDDS) there is often not enough high frequency data to really gauge this. It becomes somewhat a catch 22 situation.
 
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