Devil Soul
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Yeah i missed the Jun13 ~ 22Dec partLook again.
![Mrgreen :D :D](/styles/default/xenforo/smilies/mrgreen.gif)
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Yeah i missed the Jun13 ~ 22Dec partLook again.
Yeah i missed the Jun13 ~ 22Dec part![]()
Lets do a Economy lesson in simple terms.
A currency's value depends on what the piece of paper offers.
You need to sell more things than you import. When your trade balance is always negative you cannot say alhamdulillah and inshallah to make a currency stronger. But since this country has engineers who can make cars run on water, I am sure we have economists that can pray on dollars to double them as well.
In other words as I have said before, Whenever you think that God has been running Pakistan, that is equivalent to saying that the western powers who have been giving us Loans are God.
Well said.
like that old bollywood song
--dum maro dum
--bhujia garam
--khao subah sham
--dus rupae ki sau gram
Rupee devalued today![]()
Ishaq Dar will bring it down with his experienceOf course. The long term trend will remain towards devaluation given the fundamentals of the economy.
Ishaq Dar will bring it down with his experience![]()
According to current working on Rs. i think Rs. will recover further and Pakistan will soon have plantly of investment from China and as well as from SA and in next year Pakistan forex will be twice because of 3G licence and as well as G+ status.
... and Pakistan will send a man and four women to Mars.
Seriously though, I can see no reason to be so optimistic as you have mentioned. Can you please tell us what your bases are for saying that?
Current reserve is $3.1B which is now increase to $3.4B and we will get $2.0B to $2.5B from 3G licence fee. IMF loan have to be received .Chinese investment is confirmed to Pakistan is now $8.5B+
$6.5B in Nuclear
$2B in Punjab for textile in two year and they already purchase 42 percent shares in one Pakistani firm.
Other investment from Turkey, SA, Korea and other country is on the way.
Bottom line is that Pakistan will have $6B+ reserves within a year
Mate you think that only you are only one who knows plus and minus?. here is the link for your infoThe odds are high that all those numbers are not going to pan out as you say.
Mate you think that only you are only one who knows plus and minus?. here is the link for your info
Govt plans to build $20 bn reserves in three years: Dar - thenews.com.pk
He said that $20B which is not possible of course but in one year $6B is not impossible!