Indian Rupee dives a new record low against dollar

[BHarwana]

PkR not getting healthy any time soon right ?

The thread is related to Indian economy. If you want to blame Indian economic crisis on Pakistan you can bring in the aspect of Pakistan here but I think this crisis is more related to Indian internal political decisions.
The Indian Rupee devaluation is a well known thing and everyone knows it will slide further down. This is stopping investors from coming into India as they if they come into India with $1000 today they will leave India with $900 tomorrow because Indian Rupee is 30 to 40 percent over value and the actual situation of Indian economy is grim and different from what Indian media is saying. If RBI intervene it will lose billions in foreign reserves to keep rupee stable. India is in bad waters economically and this is the reality.

 

[BHarwana]

Very bad and very sad

https://twitter.com/x/status/1054627579850743808

 

[BHarwana]

This is very bad and very sad

https://twitter.com/x/status/1054680907238453248

 

[kaykay]

This is very bad and very sad

https://twitter.com/x/status/1054680907238453248

Sadder story here. PSX plunges 700 points today.
https://tribune.com.pk/story/1832270/2-market-watch-stocks-plunge-selling-pressure-mounts/

 

[BHarwana]

Very bad and very sad

 

[BHarwana]

Very bad and very sad

https://twitter.com/x/status/1055337582618468352

 

[Mage]

Damn...I missed those very bad and sad posts.

 

[BHarwana]

Damn...I missed those very bad and sad posts.

Was away on vacation for sometime but now back will update regularly on very bad and very sad situation

 

[rott]

Was away on vacation for sometime but now back will update regularly on very bad and very sad situation

Welcome back

 

[KAMDEV]

Thanks, Tomato seller. Hopefully you come out of denial of you lot running to IMF with begging bowl.

View attachment 504618

Tomato seller has got 3 billion dollar bhikh sufficient for three months chest thumping .

 

[Cherokee]

Has tamatar think tank accepted yet that Pakistan is going to IMF ?

 

[SuvarnaTeja]

Very bad and very sad

https://twitter.com/x/status/1055337582618468352

Situation is really bad.

 

[BHarwana]

https://twitter.com/x/status/1056115789479047169

Very bad and very sad the trouble for Indian economy is getting worse every day.

 

[Laozi]

https://twitter.com/x/status/1056115789479047169

Very bad and very sad the trouble for Indian economy is getting worse every day.

<iframe src='https://d3fy651gv2fhd3.cloudfront.net/embed/?s=indiaforexcres&v=201810261130x&d1=20100101&d2=20181027&title=false&url2=/pakistan/foreign-exchange-reserves&h=300&w=600' height='300' width='600' frameborder='0' scrolling='no'></iframe><br />source: <a href='https://tradingeconomics.com/india/foreign-exchange-reserves'>tradingeconomics.com</a>

Indian reserves look better on chart than that of Pakistan

 

[BHarwana]

Very bad and very sad

https://twitter.com/x/status/1056151342908092416