US dollar reaches Rs160 in interbank market

[Norwegian]

It just takes more rupees to repay the same debt in dollars.

Yes, and so? Government can just print more RS which will lead to inflation.

 

[VCheng]

Yes, and so? Government can just print more RS which will lead to inflation.

It also makes repayment of the dollar debt that much harder as the value of the local currency drops.

 

[El Sidd]

Yes, and so? Government can just print more RS which will lead to inflation.

Sounds like a plan. Why should the government print it? Private citizens should be allowed to print the money as well then. Its a free for all i guess

It also makes repayment of the dollar debt that much harder as the value of the local currency drops.

Isko koi matlab nahi isse. isne sirf little norway me kothi banani hai

 

[VCheng]

Sounds like a plan. Why should the government print it? Private citizens should be allowed to print the money as well then. Its a free for all i guess



Isko koi matlab nahi isse. isne sirf little norway me kothi banani hai

He reminds me of Benazir's famous quote about how the government can never go bankrupt because it can print all the money it wants.

 

[El Sidd]

He reminds me of Benazir's famous quote about how the government can never go bankrupt because it can print all the money it wants.

She was western educated. What was it Oxford or something? It seems all these intellectuals do come from the west

 

[VCheng]

She was western educated. What was it Oxford or something? It seems all these intellectuals do come from the west

Well, the same applies to the present holder of the same title.

 

[El Sidd]

Well, the same applies to the present holder of the same title.

some may argue Benazir was corrupt and current one can never be corrupt no matter how much corruption his aides do.

 

[VCheng]

some may argue Benazir was corrupt and current one can never be corrupt no matter how much corruption his aides do.

Yes, but how does that help the PKR to USD exchange rate?

 

[El Sidd]

Yes, but how does that help the PKR to USD exchange rate?

The country is bankrupt. Its just cosmetics these installed selected IMF taskforce after.

 

[VCheng]

The country is bankrupt. Its just cosmetics these installed selected IMF taskforce after.

The country is in dire economic straits, no doubt, but not bankrupt.

 

[El Sidd]

The country is in dire economic straits, no doubt, but not bankrupt.

effectively it is bankrupt. you can mask it anyway you like for glorification of your political overlords

 

[B.K.N]

Well, the same applies to the present holder of the same title.

Present Holder of same title is self made he didn't become prime minister by selling the name of his father or by sympathy votes
her brother was a terrorist her father was the worst dictator Pakistan ever had her husband is most corrupt person of Pakistan

The country is in dire economic straits, no doubt, but not bankrupt.

Country was always like this

 

[Norwegian]

Sounds like a plan. Why should the government print it? Private citizens should be allowed to print the money as well then. Its a free for all i guess

Private citizens are already printing money through corruption.

He reminds me of Benazir's famous quote about how the government can never go bankrupt because it can print all the money it wants.

No actually government goes bankrupt when it defaults on external obligations.

 

[El Sidd]

Private citizens are already printing money through corruption.

I do not have the comprehension skills to understand this English sentence.

 

[American Pakistani]

Keep importing and it will cross double century before the end of this year.

Just remember, economy is shrinking in $ terms.

Shameful.