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Pakistan records remittances at $2.725b for March.

ziaulislam

ELITE MEMBER
Apr 22, 2010
15,254
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14,630
Country
Pakistan
Location
United States
Give us the voting rights....
Wont happen
30-40% people vote in pakistan only

Expect a much higher turn out in overseas pakistanis

This will upset the whole poltical status..
that is state bank rate, according to Kamran khan it went below 150 in open market
I would rather ask sbp to buy dollars to keep at 150$ mark to avoid too much fluctuations
 

zn426

FULL MEMBER

New Recruit

Jul 19, 2015
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87
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United States
Location
United States
Wont happen
30-40% people vote in pakistan only

Expect a much higher turn out in overseas pakistanis

This will upset the whole poltical status..

I would rather ask sbp to buy dollars to keep at 150$ mark to avoid too much fluctuations
Let it be upset. If the outside of Pakistan groups can do vote out corrupt lawmakers in NA it would be good. I would vote my honest, hardworking aunt in Karachi in over any of these useless moochers.
 

Kabira

BANNED
Jul 12, 2014
14,396
-20
13,644
Country
Pakistan
Location
Pakistan
$30 billion a year. Now remittances make up 10% of GDP. Shameful how Pakistanis turned their economy around remittances.

I would rather ask sbp to buy dollars to keep at 150$ mark to avoid too much fluctuations
This is temporary, your PM is begging everyday for debt relief. If rupee is so strong then why he doesn't buy $$ from market to pay of the debt?
 

ziaulislam

ELITE MEMBER
Apr 22, 2010
15,254
10
14,630
Country
Pakistan
Location
United States
$30 billion a year. Now remittances make up 10% of GDP. Shameful how Pakistanis turned their economy around remittances.



This is temporary, your PM is begging everyday for debt relief. If rupee is so strong then why he doesn't buy $$ from market to pay of the debt?
Because market free trade of $$$ is MINISCLE
buying really want build reserves

Reserves are built through offical sources mostly

Goal should be to keep it neutral and not wasting $$$ like our godfather ishaq dar did

Again we have discussed this gizzilions of times
 

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