Rupee falls to Rs189.5 against dollar in inter-bank

[Thinker3]

Dude change you name to Blunderer, seriously. You write drivel like this & expect to be taken seriously? You are making so many unsubstantiated claims that I can only laugh in response. Care to substantiate any two of your claims? Any two would do.

I can prove every thing I said, which one do you want me to prove?

 

[Chak Bamu]

I can prove every thing I said, which one do you want me to prove?

Any two. Take your pick. I would prefer if you could prove your first allegation though. I don't know how can people say this at all, given the last interaction of IK govt with IMF (stricter conditionalities, especially about State Bank).

 

[Thinker3]

By first you mean PPP and PMLN point?

 

[Thinker3]

Pakistani economic system was given to IMF and west by previous governments of PPP and PMLN who led to such changes that Pakistani government lost control over Pakistani economy and paved way for the IMF control and foreign debts. Imran Khan instead of taking Palistan out of their grasp gave them more control in ignorance and under ill advice.
The entire economic system of world is in hands of US and west, they control the dollar and they control the value of dollar for other currencies, they can change the value at their will, this is what happens when US wants to punish a country, but the real problem is that Pakistani Economy is in complete control of US in form of IMF, there is no resistance at all from Pakistan to stop the devaluation of rupee, with IMF(US) in full control on economy we don't know what is the actual true situation of our exports and Imports, foreign remittances and current account, as IMF is telling us everything. The biggest mistake of Imran Khan was going to IMF and then giving control of entire economy to them.
The example of Erdogan is infront of us, they took a stand against US and their currency start depreciating which resulted in inflation and economic downfall, Biden had clearly said that during that time that they will remove Erdoğan by other means, these are the other means, Turkey did there best to stop the depreciation of lira by whatever means possible and even then it was not possible for them to stop the depreciation, and here in Pakistan there is no resistance at all as IMF is in complete control.
If Pakistan wants to stand up then we should know what we are up against, and make counter strategies.

https://twitter.com/x/status/1512523451935952901

 

[nahtanbob]

1 United States Dollar equals
183.38 Pakistani Rupee

 

[pikkuboss]

1 United States Dollar equals
183.38 Pakistani Rupee

Rebounded after regime change. Take it as a gift from uncle Sam for being obedient.

 

[Wood]

1 United States Dollar equals
183.38 Pakistani Rupee

It is down to 186 again. Seems to be pretty volatile. Good times if you are a lucky fx trader

 

[IceCold]

But no Insafi will own this mess as something wrought by IK & his fascist mind-set

And what does that say about you who can't see the mess that this imported government brought upon Pakistan at the behest of its foreign benefactors and yet have the audacity to criticize others and blame others for the problems that this whole foreign conspired drama created. May I suggest getting off from your so-called moral high horse and having a good look at yourself in the mirror? When will you have the moral decency to call spade a spade?

 

[nahtanbob]

It is down to 186 again. Seems to be pretty volatile. Good times if you are a lucky fx trader

Forex trading is not for the faint hearted

 

[Clutch]

It's very good news for expats' families.

Rupee fall benefits expats’ families: Baqir

SBP governor’s comment termed ‘most irresponsible’.

www.dawn.com

Expect should stop sending remittances to a corrupt nation.

I think pak rupee is going down to RP500:1US$...

Isaq Darr economics are back.

 

[Black.Mamba]

When will you have the moral decency to call spade a spade?

Never, ever, ever

Btw Ad-hoc finance minister Babar Iftikhar updated the ill-informed youth about the forex rate and stock market situation?

 

[tman786]

very good news for expats' families.

Expats have large rupee deposits in bank accounts and also investments in bonds.

Trust me, we expats are not celebrating at all.

 

[Chak Bamu]

And what does that say about you who can't see the mess that this imported government brought upon Pakistan at the behest of its foreign benefactors and yet have the audacity to criticize others and blame others for the problems that this whole foreign conspired drama created. May I suggest getting off from your so-called moral high horse and having a good look at yourself in the mirror? When will you have the moral decency to call spade a spade?

1. Stop saying that the government is 'imported'. A lying politician saying so does not make it so. Don't be so gullible.

2. What has been brought on Pakistan???? Care to explain in concrete & provable terms? No conspiracy theories peddled by motivated troll army at the behest of a failed politician, please.

3. Who are the foreign benefactors here? From publicly available information, it was known that Chinese were displeased with PTI government for going slow on CPEC & not taking appropriate decisions in time.

4. What 'foreign conspired drama' are you referring to? A constitutional process to remove an inept PM is NOT a conspiracy, it is very much a desired result. No amount of conspiracy mongering by PTI trolls will make the situation what it is not. You probably believe that suitcases full of dollars were also distributed, & that fairies live in Koh-Qaf, & that unicorns roam Scottish Highlands.

5. I look at myself in the mirror often enough. You need to dissociate yourself from the cult of a failed politician & stop acting all-knowing, moral, & a sage. If you look a the mirror with open eyes, you will see an Insafi cult member.

6. I always call things as I see them, whether I myself like them or not. You should try that too sometimes.... oh wait, you are part of a cult. Sorry, wrong number.

 

[SQ8]

1. Stop saying that the government is 'imported'. A lying politician saying so does not make it so. Don't be so gullible.

2. What has been brought on Pakistan???? Care to explain in concrete & provable terms? No conspiracy theories peddled by motivated troll army at the behest of a failed politician, please.

3. Who are the foreign benefactors here? From publicly available information, it was known that Chinese were displeased with PTI government for going slow on CPEC & not taking appropriate decisions in time.

4. What 'foreign conspired drama' are you referring to? A constitutional process to remove an inept PM is NOT a conspiracy, it is very much a desired result. No amount of conspiracy mongering by PTI trolls will make the situation what it is not. You probably believe that suitcases full of dollars were also distributed, & that fairies live in Koh-Qaf, & that unicorns roam Scottish Highlands.

5. I look at myself in the mirror often enough. You need to dissociate yourself from the cult of a failed politician & stop acting all-knowing, moral, & a sage. If you look a the mirror with open eyes, you will see an Insafi cult member.

6. I always call things as I see them, whether I myself like them or not. You should try that too sometimes.... oh wait, you are part of a cult. Sorry, wrong number.

Arent all players in cults?
PTI is the cult of IK
PML(N) is the cult of Sharifs
PPP the cult of Bhutto
And so on

How is one cult better than the other and by who’s word?

 

[Chak Bamu]

Arent all players in cults?
PTI is the cult of IK
PML(N) is the cult of Sharifs
PPP the cult of Bhutto
And so on

How is one cult better than the other and by who’s word?

Even when I was (what I considered) a die-hard fan of IK & PTI, I kept an eye open. When I saw unwarranted statements, criticisms, & political expediency, I excused it but kept a mental note of it. Therefore when I clearly saw that IK's lust was causing damage to the country, I dropped him. It was not easy - a dream does not die quickly or without pain.

I suggest all partisans to allow their leaders to be humans, not idols. They can & do make mistakes. Laud their good steps & criticize (or at least note) their mistakes.

A view of structural & systemic issues is more important than personality worship.

You may remember my posts from before mid-2014 & how full of hope I was for PTI & IK. If I were a blind cultist, I would not have been able to reorient myself. I suggest that others try to keep an objective mind. There is only so much damage that a person should be allowed to inflict before one gives up.