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

[HAIDER]

But it did not change much since yesterday when it took long jump and its mostly same since then i.e

USD/PKR close at 140.10 on 30 Nov 2018 at 23.20 UTC

Now its 140.19 on 1 Dec 2018 at 20.25 UTC


Look this guy even predicted economic policy of PTI two months ago

https://twitter.com/x/status/1050203593461108738

lol ... but domestic farming, poultry breeding and cottage industry is backbone of economy.

 

[ziaulislam]

I said dollar recovered not rupee plz read and comment. Trying to troll me very bad and very sad

doesnt matter what you like or not..reality is straight forward, state bank has to be independent..PML N has accepted a polciy that shows they have done criminal negligence which is artfically controlling the rupee

yes devaluation will cause inflation in short run, but to keep it high you will need loans and pay higher interest on loans

its simple either keep borrowing and end up devaluation more or keep economy independent ...

 

[Moonlight]

I’m surprised to see many sane members are criticizing PTI for that. We have supported & voted...GREAT...but we have to be really patient now.

What else he can do? Would you guys shed the light and help me to understand how exactly it is possible to deal with this severe economical disaster? That is done since ages & now you expect this problem to be fixed within 10 days?

Just give me at least 3 solid solution that would raise the value of rupees without going to IMF & fix economic issues.

But it did not change much since yesterday when it took long jump and its mostly same since then i.e

USD/PKR close at 140.10 on 30 Nov 2018 at 23.20 UTC

Now its 140.19 on 1 Dec 2018 at 20.25 UTC


Look this guy even predicted economic policy of PTI two months ago

https://twitter.com/x/status/1050203593461108738

That tweet.....patwari soch in a tweet.

 

[BATMAN]

I’m surprised to see many sane members are criticizing PTI for that.

It's insanity to blame any one else but govt.
Everyone is not economic specialist, but surely there's a difference how this govt. is operating finance ministry. Despite in increase of taxes and prices, selling power plants, properties, soft loans from friendly states, they are not able to stabilize economy for a single day.
Future outlook don't look promising either.
More interesting the ruling party is same party which protested against the govt. of Pervez Musharraf which actually got rid of foreign loans and 1USD=45PKR.

 

[ziaulislam]

I am crying for that change from day one on this forum ,. We (Pakistanis) are doing suicide with some dam slow acting poison name import every thing ……..
Things are hard but believe me very easy to change …… we only have to target 1000 elite who are front man of big campiness in Pakistan and making Billions of $$$ …… Then we have to tell these mofo campiness build in Pakistan or get the fak out ……. need to change some laws....
Do you know Neslte water selling Pakistani nation Pakistan's underground water for billions of Dollar and paying almost zero tax...
In short :
Hang 1000 elite members , take all their wealth , kick butts of some international companies

listen from 8:40

It's insanity to blame any one else but govt.
Everyone is not economic specialist, but surely there's a difference how this govt. is operating finance ministry. Despite in increase of taxes and prices, selling power plants, properties, soft loans from friendly states, they are not able to stabilize economy for a single day.
Future outlook don't look promising either.
More interesting the ruling party is same party which protested against the govt. of Pervez Musharraf which actually got rid of foreign loans and 1USD=45PKR.

first rupee was 68..any way the govt protested against pervaiz mushi for his poltical mistakes and dictator ship not his economics
most of masterminds now sitting are from pervaiz mushi team and PML N is criticizing him for that

look at Mr dawood, he is leading IK economic agenda and was core person in mushi reforms after pakistan bankrupted in 1998 under PML N

https://en.wikipedia.org/wiki/Abdul_Razak_Dawood

look at ishrat hussain, another mastermind from mushi era..one thing is for mushi task was difficult than current task IK has, and he simply went and bought the right people and did reformed the economy..under him the GDP doubled and debt decreased from 85% to 45% but he lost his way when he did a political moves in 2007 when he simply in high oil prices started doing wrong actions leading to IMF bailout though small in 36 months

 

[Proudpakistaniguy]

That tweet.....patwari soch in a tweet.

Yes PTI did work so hard to bring dollar to 140 Rupees and Patwari are saying that Government had done nothing in first 100 days

It was also patwari who was saying( in the past ) that whenever government go to IMF and whenever currency get devalue then inflation increase which bring suffering for poor awaam and they will do different when in government

It was also patwari who was promising to lower the prices of gas, petrol/diesel and electricity and to bring inflation down to give relief to poor..

Patwariaaz are real evil and let kill them all so that Potizz have no one left to blame for their own incompetence and 180 degree shift in policies

 

[ziaulislam]

lol ... but domestic farming, poultry breeding and cottage industry is backbone of economy.

india exports 5 b worth of meat(its mother) while we zero infact we import meat!

 

[BATMAN]

listen from 8:40

What he said their is spot on.
In addition, hundi business must be brought down to zero.
They need to consult Musharraf, how he did it.

 

[Moonlight]

Yes PTI did work so hard to bring dollar to 140 Rupees and Patwari are saying that Government had done nothing in first 100 days

It was also patwari who was saying( in the past ) that whenever government go to IMF and whenever currency get devalue then inflation increase which bring suffering for poor awaam. It was also patwari who was promising to lower the prices of gas, petrol/diesel and electricity and to bring inflation down to give relief to poor..
Patwariaaz are real evil and let kill them all so that Potizz has no one left to blame for their own incompetence and 180 degree shift in policies

Aap ke chacha Ishaq Dar ne artificially dollar ko roka na hota to aaj yeh PTI ko na karna parta :/

 

[Proudpakistaniguy]

Aap ke chacha Ishaq Dar ne artificially dollar ko roka na hota to aaj yeh PTI ko na karna parta :/

aur app k mama Imran khan ko sab pata tha k economy kiss shape main ha before taking control of it so why promised something which he was not able to deliver?

 

[BATMAN]

@ziaulislam Musharraf's core economic persons were Shaukat Aziz and Dr. Atta ur Rehman.

 

[Moonlight]

It's insanity to blame any one else but govt.
Everyone is not economic specialist, but surely there's a difference how this govt. is operating finance ministry. Despite in increase of taxes and prices, selling power plants, properties, soft loans from friendly states, they are not able to stabilize economy for a single day.
Future outlook don't look promising either.
More interesting the ruling party is same party which protested against the govt. of Pervez Musharraf which actually got rid of foreign loans and 1USD=45PKR.

I will put the blame on government with you if it fails to deliver in 2 years. It too soon to criticize.

 

[BATMAN]

Aap ke chacha Ishaq Dar ne artificially dollar ko roka na hota to aaj yeh PTI ko na karna parta :/

Wo trick Asad Umer ko bhi batao.. please.

 

[ziaulislam]

aur app k mama Imran khan ko sab pata tha k economy kiss shape main ha before taking control of it so why promised something which he was not able to deliver?

lying is art of democracy, he did a good job at it..
do you think lying is bad or performing bad is wrong...

 

[Moonlight]

aur app k mama Imran khan ko sab pata tha k economy kiss shape main ha before taking control of it so why promised something which he was not able to deliver?

Tu us ne ka whine kia hai. Wo Apni policies se try kar Raha hai na. 30 saal bhang pii Ke soye thay Tab question nahi kar sakte thay?