Pakistani Rupee's decline and its causes

[PakSword]

Recently some Media anchors have started to invite Ishaq Dar in their shows, asking his advice how to solve the crisis faced by Pakistan due to rapid decline of Pakistani Rupee against the dollar and other world's major currencies.

This week Nadeem Malik and Asma Sherazi have invited Dar on their shows.
Yesterday Dar expressed his wishes that he should be given the responsibilities of running Finance Ministry of Pakistan on a contract, he can bring dollar back to Rs 120.
Following his comments PMLN's Hina Pervaiz Butt has table a motion in Punjab assembly that Dar should be appointed Finance Minister on a Contract.
This is a cruel joke with Pakistan. Instead of demanding his return to Pakistan, these anchors are portraying this fugitive of law as a saviour.

During all the program Asma a known supporter of PMLN kept saying "hoon" giving the impression to the audiences that what Dar saying is true. This is unpardonable habit of Pakistani anchors that they keep saying "Haan" or "Hoon" during the discussions giving the impression to the viewers that the participants are telling the truth.

Dar grabbed the opportunity with both hands and stated that the cases against him and Nawaz are fraudulent, they have served Pakistan.

Without shadow of a doubt, Pakistani media is equally responsible for the vows of Pakistan, with its political elites, judiciary and establishments both military and bureaucracy.

Today, I have twitted to Asma regarding Dar's interview.

One mistake to notify in my twits, I have used the figures for Export and Imports wrongly, it should be the other way around, Imports $59 billions and Export $21 billions. It was just an oversight.

https://twitter.com/x/status/1113719317772886017

https://twitter.com/x/status/1113719649802379264

https://twitter.com/x/status/1113720125520269312

https://twitter.com/x/status/1113720449450561536

https://twitter.com/x/status/1113721374080741376

https://twitter.com/x/status/1113722343078203392

Sadly most of the members on this forum are also naive and also asking current government to give the contract to Dar... without knowing that he only raised loans to throw the money in the market so that importers can buy the dollar at cheap price

 

[crankthatskunk]

Actually Pakistan's constitution has provisions to facilitate removal of interests in the financial system.
There is a Supreme Court order too and recommendations from the Islamic Ideology Council.

Its easier for the government to go for interests because they can survive their tenure much smoothly.
Its all about how beautiful you can sell a lie. Just like Ryasat e Madina with Scandinavian governance model lie.



They feel insecure and paranoid about Islam or being a Muslim. It is not fashionable for them.

Without supportive of the failings of Pakistani state in regards to interest. I just want to add one observation regarding SCP. In its recent judgement on Baharia Town Karachi, the SCP has directed that "interest" would be charged on the amount payable after I think first couple of years. That's shows how much SCP considers its own verdict on Interest.

 

[El Sidd]

Without supportive of the failings of Pakistani state in regards to interest. I just want to add one observation regarding SCP. In its recent judgement on Baharia Town Karachi, the SCP has directed that "interest" would be charged on the amount payable after I think first couple of years. That's shows how much SCP considers its own verdict on Interest.

Colonial breed of active Judicial con artists and nothing else.

They write of fiction novels, give examples of fundamentals of justice from hollywood movies. Sure they will gulp every last drop of the interest dew on the money leaf.

 

[Placemat]

This is one of the weakness of the whole Islamic world actually not just Pakistan.

Allah SWT has given us the Best cure of most of the ills of a society in the Holy Quran by forbidding "Interest".
But we have collectively failed to produce a system which is interest free.
Even most of the Western Economist agree that Islamic system could be ideal system if its working are sorted out and implementation is done in proper way.

Allah SWT Gives all of us Hidaya to implement it.

I thought jesus was the one who did this and this concept was incorporated like many others

Colonial breed of active Judicial con artists and nothing else.

They write of fiction novels, give examples of fundamentals of justice from hollywood movies. Sure they will gulp every last drop of the interest dew on the money leaf.

Let who has not sinned cast the first stone

 

[El Sidd]

Let who has not sinned cast the first stone

Those would be Kashmiris

 

[Placemat]

Those would be Kashmiris

Sinners they are

 

[El Sidd]

Sinners they are

they have never been in power. how can they be sinners?

 

[Placemat]

they have never been in power. how can they be sinners?

They are in power in Kashmir

 

[El Sidd]

They are in power in Kashmir

No they are not. They are not even close to any power in Kashmir

 

[shah_123]

We are not doomed.

Mayoosi kufr hai Shah sahab

ALLAH swt' ki rehmat say nahi, Apni Qoam aur Hukmaran tabqe sey mayoos hun.
if we don't mend our ways, repent & revert back to the teachings of ALLAH swt' ---- ALLAH swt' will replace us with someone else, rules don't change.

 

[El Sidd]

ALLAH swt' ki rehmat say nahi, Apni Qoam aur Hukmaran tabqe sey mayoos hun.
if we don't mend our ways, repent & revert back to the teachings of ALLAH swt' ---- ALLAH swt' will replace us with someone else, rules don't change.

will it not be Just?

 

[NHUDA]

Recently some Media anchors have started to invite Ishaq Dar in their shows, asking his advice how to solve the crisis faced by Pakistan due to rapid decline of Pakistani Rupee against the dollar and other world's major currencies.

People in the Know call DAR era as darK era for our economy ... he has his own Daronomics, have bitten once before musharraf take over and was involved in fudging number and in recent term he is the one to blame for Dollar Rupee exchange issue, he is the one who manipulated and forced ruppe to be on Fixed Currency rate rather than based on markets.

for which he Borrowed 7 Billion Dollars

any one thinking Dar need to be make Fin Min and not send to gallows, need to read this ...

https://tribune.com.pk/story/1691123/2-govt-injected-7b-keep-rupee-overvalued-recent-years/

 

[BetterPakistan]

Ishaq Dar was the worst Finance Minister in the history of Pakistan. He should be arrested & tried for all he have done to Pakistan economy.

 

[shahbaz baig]

Ishaq Dar is a lair on the other end his own party and finance person mifta Ismail accepted that Pmln injected 22 billion dollar into the open market to keep the Rs evaluation at 102.
Here is an example to prove that there is no doubt he is a lair by birth -> Absconder’s ‘rights’

This stupid Ishaq Dar once claimed that an absconder cannot be deprived to contest elections. He can propagate anything at anytime, anywhere & you know what this is called politics by the corrupt elites.

BTW Ishaq Dar is an absconder by the courts, so why media is inviting him? And what courts are doing, it's a responsibility of courts to take action not only against him but also against musharraf, Now there is a solid prove that he is absolutely fit & fine. Institutions should Take action now before he apply for the asylum.

Mazaq bana kr rakha howa hai qanaoon ka, this is not a democracy at All.

 

[Baghial]

Recently some Media anchors have started to invite Ishaq Dar in their shows, asking his advice how to solve the crisis faced by Pakistan due to rapid decline of Pakistani Rupee against the dollar and other world's major currencies.

This week Nadeem Malik and Asma Sherazi have invited Dar on their shows.
Yesterday Dar expressed his wishes that he should be given the responsibilities of running Finance Ministry of Pakistan on a contract, he can bring dollar back to Rs 120.
Following his comments PMLN's Hina Pervaiz Butt has table a motion in Punjab assembly that Dar should be appointed Finance Minister on a Contract.
This is a cruel joke with Pakistan. Instead of demanding his return to Pakistan, these anchors are portraying this fugitive of law as a saviour.

During all the program Asma a known supporter of PMLN kept saying "hoon" giving the impression to the audiences that what Dar saying is true. This is unpardonable habit of Pakistani anchors that they keep saying "Haan" or "Hoon" during the discussions giving the impression to the viewers that the participants are telling the truth.

Dar grabbed the opportunity with both hands and stated that the cases against him and Nawaz are fraudulent, they have served Pakistan.

Without shadow of a doubt, Pakistani media is equally responsible for the vows of Pakistan, with its political elites, judiciary and establishments both military and bureaucracy.

Today, I have twitted to Asma regarding Dar's interview.

One mistake to notify in my twits, I have used the figures for Export and Imports wrongly, it should be the other way around, Imports $59 billions and Export $21 billions. It was just an oversight.

https://twitter.com/x/status/1113719317772886017

https://twitter.com/x/status/1113719649802379264

https://twitter.com/x/status/1113720125520269312

https://twitter.com/x/status/1113720449450561536

https://twitter.com/x/status/1113721374080741376

https://twitter.com/x/status/1113722343078203392

Sood aur haram ka nazam .....can never deliver...it will eventually fall and bring you to the lowest level...
The day we leave harami and haram ka nazam...and follow islam .. we will conquer the world..