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Might be because there families in India are rich too and don't need support from their NRI family members.

In USD terms it will shrink next year. PKR is down by 35% this year. Even if we consider it will maintain the current rate and considering Pakistan nominal growth rate at 12.5 (Inflation+real growth rate), it's economy will shrink by almost 20%

Remittances are not donations. The expatriates send money to their families back home and not to the Govt.

You are right in stating that Currency valuations depends upon demand and supply. When there is a difference in interest rates between two countries investors start taking advantage of it which leads to capital outflows and then depreciation of currency. This is called arbitrage.Its quite simple...

In your case, Power Producers have taken loan from Govt to set up plants and run them. They sell power to Power distributors which owe lots of money from Govt in form of subsidy reimbursements. Now the Govt fails to pay the Power Distributors who in turn fail to pay the Producers who in turn...

It doesn't work that way. As long as Interest rates are higher in India than in US, INR will depreciate (Interest rate parity)

What is Pakistan's per capita steel consumption? Per capita electricity generation? Percapita cement consumption? What's Pakistan's forex reserves? How many new cars or two wheelers or tractors sold in Pakistan? All these data cannot be undocumented. Check those states and compare them with...

So whom are the PA soldiers protecting actually? The civilians or themselves? It seems that Indian bullets and mortars are going over the bunkers and hitting civilians.

Same people who paid for Manmohan Singh's foreign visit, Pratibha Patil, her husband's and son's foreign tours, Robert Vadra's Z plus security, Rahul Gandhi's security when he in Bangkok or Italy or UK etc etc

No, '91 was a completly new experience for us. You guys are now used to this situation.

Wrong.

Sorry, I missed the part that they are policemen and not part of army. So they dont have to worry about camouflage n all.

Why are they wearing black suit when there is snow all around?

Yup sure..so he took them back to Pakistan as POWs or continued his march towards Delhi? I also heard he unfurled the Pakistani flag on the red fort.

Naahh let it remain. It's quite hilarious and satisfying seeing them burn.

The actual level of NPAs was understood when he left office. Banks used to sweep them under carpet, restructure them and showed a healthy balance sheet and Raghuram Rajan did shit about it. He kept the interest rates at elevated levels when though Inflation was at record low resulting into a...

Someone has to get his hands dirty to clean the house and IK is doing just that. I think it's a good move, but it could have been done in a systematic gentle way. This sudden bursts of devaluation will affect everyone. China has gained a lot by keeping its currency undervalued, dont know why...

PKR is down by 11% against INR this year. Very bad and sad indeed.

IK would be really jealous of President Solih right now. He is getting USD1 billion without having to untie his pajama. Big people are begging for bailouts while small people are bailing others out.

Mercenaries? Who for money can kill and die for another country?