US dollar hits all-time high of Rs142 in interbank market

[CHACHA"G"]

No you are being khota khoor and was sleeping in cave when PMLN was taking loan and didn't raise the question then that how we will pay them back. Abusing or calling names wouldn't do a dime to reverse what PMLN has left for Pakistan.

I did not call any name , I did not say any one any thing ……… but thanks for calling me khota Khor directly ……

 

[BHarwana]

How is it shrinking,have we started manufacturing and exporting heavy equipmemt,gold or anything else in 3 months.

Exports increasing and imports falling. Not my word but it is news.

 

[AZ1]

Dear sir I am not the suppoerte of PML-N ,,,,, but ALLAH ka Wasta , don't lie that much . My import bill in 2017 and my import bill of 2018 saw 50 % increase , for example from 1 million to 1.5 million , and because of that my end item saw price hick , and that price increase bring low or poor sell , lol this is whole chain …….

In the end what ever y o u say sir ………….. Have a good day …….. I am done on this topic and thread ..

Meary jayso ka diwaliya niklnay ja raha hai oooooooorrrrrrrrrrr loogggg politics , politics khail rahain hain .

Sir by this logic, IT outsource people sale their service and in return get in $ in Pakistan so they are having good time because rupees is increasing as per $ and IT services companies and free lancers booming in Pakistan as $ price increasing in Pakistan. So good for someone and bad for someone.

 

[BHarwana]

https://twitter.com/x/status/1061542664439558144

Dear sir I am not the suppoerte of PML-N ,,,,, but ALLAH ka Wasta , don't lie that much . My import bill in 2017 and my import bill of 2018 saw 50 % increase , for example from 1 million to 1.5 million , and because of that my end item saw price hick , and that price increase bring low or poor sell , lol this is whole chain …….

In the end what ever y o u say sir ………….. Have a good day …….. I am done on this topic and thread ..

Meary jayso ka diwaliya niklnay ja raha hai oooooooorrrrrrrrrrr loogggg politics , politics khail rahain hain .

If your import bill is increasing it is good news stop importing and start buying domestic. We cannot afford imports.

 

[valkyr_96]

Government... WTF... WILL THEY PRINT NEW NOTES TO PAY OFF THE DEBTS...

No and yes.....this is what the previous government did instead of fixing the mechanism and arresting the leakages and losses so we paid off nothing in real terms and so we are back to square one. As long as the taxes receipts remain low the government has no other way of resolving the issue ( the opposition will question on the campaign promises so the government needs to spend as well which is where the the current government's mettle is to be tested. Government cannot simply print money it borrows the money to inject in the economy (however there is a case for it as was seen in crises of 2008). This is why there was criticism of the metro project which has dollar in and rupee out (a mistake in finance terms) but politics meant all provinces had to do it to show "progress".

 

[BHarwana]

Where is it going sir it seems that there is no end to rupee depreciation it might cross 200 mark in next few months.

Nope artificial depreciation will stop some where 145 to 148

Will bounce back after wheat has been exported.

 

[AZ1]

Please look at the bottom of this page where it shows continously increase of $ price in PMLN time with increase of deficit and decrease of exports.

Here in Imran khan we have also increase of $ price but what is change? Export increasing, Deficit is coming down 2% and people still crying.

 

[valkyr_96]

How is it shrinking,have we started manufacturing and exporting heavy equipmemt,gold or anything else in 3 months.

It is easy to confuse balance of trade and balance of payments. Also please read up on the J curve https://en.wikipedia.org/wiki/J_curve

 

[Arsalan]

How is it shrinking,have we started manufacturing and exporting heavy equipmemt,gold or anything else in 3 months.

Actually, the increase in Dollar price have helped exports while we have cut down a little on imports compared to previous year. So both these factors combined, it is true, the deficit have shrink slightly.

very bad now our debts will become more higher I think govt moving towards imf bailout as imf also demanded rupee devaluation to 150 finance minister should resign if he is unable to understand how to control economy

Absolutely!!
Those shameless bastaards who took all these fking loans in last 10-12 should have thought about it, thought about how future generations will have to pay the debt but they were all just busy looting the country!! Sad!!

Agreed...

 

[Mace]

If fuel come down and dollar who gives a damn about dollar?

 

[manga]

It would have been an economic problem if reserves were falling or trade deficit was increasing but both of those factors are positive so this is good news for economy and bad news for out flow of money.

Somehow is nukes all on pakistan i am sure you haave a story ready how that is very good for pakistani economy. Just sayying.

 

[BHarwana]

Somehow is nukes all on pakistan i am sure you haave a story ready how that is very good for pakistani economy. Just sayying.

Here let me tell you some thing after a year Pakistan will laugh because of this depreciation and India will cry.

Why because modi is now doing to India what Dar did to Pakistan. Just come on rice sector now Pakistani rice is cheaper than Indian. So international market price will fall and india will suffer. Sugar is cheaper in Pakistan and India will suffer.

 

[CHACHA"G"]

Sir by this logic, IT outsource people sale their service and in return get in $ in Pakistan so they are having good time because rupees is increasing as per $ and IT services companies and free lancers booming in Pakistan as $ price increasing in Pakistan. So good for someone and bad for someone.

I agree , no doubt , one of the reason why USA always say Chi a to increase her currency price ….. but sir g , majority of nation , people , middle class , lower middle class will suffer from this increase,,,,,,,, sir do you know photo copy per page is 4 rupees now in small cities (normal shops not some key point shops ) ,,,,,,,,,, now imagen

 

[Sine Nomine]

Actually, the increase in Dollar price have helped exports while we have cut down a little on imports compared to previous year. So both these factors combined, it is true, the deficit have shrink slightly.

That is negligible.

 

[CHACHA"G"]

https://twitter.com/x/status/1061542664439558144

If your import bill is increasing it is good news stop importing and start buying domestic. We cannot afford imports.

LMAo , and you said you know economics ……… lol sir ,,,,,, hahahahaha , useless ,,,,,,, ok give me company name which is building photocopy machines in Pakistan .

I am done on this thread ……. my azz is safe , dollar is under 150 and I am not going to do any more business...… so no more orders , no more pain in the azz ……..
I will wait for 1 year at least and see where dollar stop /////////// I will safe my self from bankruptcy...…