US dollar hits all-time high of Rs142 in interbank market

[Sine Nomine]

I am enjoying this show of misery
Awam ko rotey kai laley parey hain.

 

[AZ1]

I agree , no doubt , one of the reason why USA always say Chi a to increase her currency price ….. but sir g , majority of nation , people , middle class , lower middle class will suffer from this increase,,,,,,,, sir do you know photo copy per page is 4 rupees now in small cities (normal shops not some key point shops ) ,,,,,,,,,, now imagen

I understand that but where were all these middle class people sleeping when their leaders were taking loan and top of that not increasing export. They were like " Dekho dekho kaun aya " or "Zinda hai bhutto zinda hie". Now we are also taking loan but positive thing is our exports are increasing and deficit is decreasing. Things will be better if we go this way by increasing our exports. There is no magic in the world that can reverse the damage of PMLN and PPP did to our nation. Unless we have oil found. Even we found mountain of gold that turn to dust because of these CORRUPT party. What else do you recommend how to pay back the loans that we have taken in past from 2010 and onwards?

 

[shah_123]

Yes I have to give my life to Allah pak and I am not a supporter of PTI at all but what time of year is this? November and in November we don't need urea because it is harvest bro price goes up because production is closed in November of urea and comes down in season. I am a farmer I know so who is manipulating me or you?

You campaigned all along for PTi, now you say you don't support PTi, are you changing party (as usual) again?

You might own 1000's of acres, but you ain't a farmer.--- I mean People are sowing wheat+ other crops and vegetables, you say no need of urea this month, I am speechless.

 

[AZ1]

I am enjoying this show of misery
Awam ko rotey kai laley parey hain.

Trust me let it be night and check the public on restaurants

 

[Champion_Usmani]

This is devoid of any logic how is the price of yarn hiking due to to high dollar rate and please post a source for your claims.

Cuz our Power looms industry import Yarn, so as our currency devaluates, the Yarn Price goes up... simple, A lot of my friends and close family members are associated to Power looms industry, so thats how i know that Power looms industry is suffering due to higher yarn rates.

 

[AZ1]

You campaigned all along for PTi, now you say you don't support PTi, are you changing party (as usual) again?

You might own 1000's of acres, but you ain't a farmer.--- I mean People are sowing wheat+ other crops and vegetables, you say no need of urea this month, I am speechless.

No he isn't. He's always neutral and talks about economics of Pakistan. Check all his threads or post. Just don't bash other because you don't understand what he has been talking about.

Cuz our Power looms industry import Yarn, so as our currency devaluates, the Yarn Price goes up... simple, A lot of my friends and close family members are associated to Power looms industry, so thats how in know that Power looms industry is suffering due to higher yarn rates.

Can't they just import yarn from China and pay back in yuan? Just a question nothing else.

 

[Champion_Usmani]

You campaigned all along for PTi, now you say you don't support PTi, are you changing party (as usual) again?

You might own 1000's of acres, but you ain't a farmer.--- I mean People are sowing wheat+ other crops and vegetables, you say no need of urea this month, I am speechless.

Ghulam bibi Bharwana joined PTI and fought and won election in jhang halqa, which was previous NA-89. A clue for you...

 

[shah_123]

What is a import based economy. What are you going to pay with for those imports? Maa ka kalayja!!!! can you please explain how devaluation increase tax revenues and custom duties? directly. It is an unintended consequence otherwise the government can simple increase the tax rate

They have already increased tax rates, can't do it again and again, so the convenient tool is inflation+ devaluation ( you will find lots of material online how this generates revenue).

Intended/unintended, directly/indirectly, people are being ripped off and this is what matters.

 

[CHACHA"G"]

I understand that but where were all these middle class people sleeping when their leaders were taking loan and top of that not increasing export. They were like " Dekho dekho kaun aya " or "Zinda hai bhutto zinda hie". Now we are also taking loan but positive thing is our exports are increasing and deficit is decreasing. Things will be better if we go this way by increasing our exports. There is no magic in the world that can reverse the damage of PMLN and PPP did to our nation. Unless we have oil found. Even we found mountain of gold that turn to dust because of these CORRUPT party. What else do you recommend how to pay back the loans that we have taken in past from 2010 and onwards?

In short , sir fire was not burning their homes …….. so they were not woorrrryyyy ……. now their azz are on fire ………..
I know people, shops full with cloths ,,,,,, no one to buy and the value of money(stuff in side shops) decreased 25% to 30% …….. If they increase price sell will decrease even more …… and if the sell on same price next import bill will cost them...…..
Sir this thing(decrease in rupee) is good , only if we had , have local industry ……. sir we even import papers ……. leave other things on side …….

 

[BHarwana]

You campaigned all along for PTi, now you say you don't support PTi, are you changing party (as usual) again?

You might own 1000's of acres, but you ain't a farmer.--- I mean People are sowing wheat+ other crops and vegetables, you say no need of urea this month, I am speechless.

My loyalty is not to party but Pakistan if tomorrow I get a better option for my country I will vote for it.

What is the current dollar price any update. Check it and tell me I think it 134 now in inter bank.

 

[valkyr_96]

We are a cotton producer I believe I cannot understand how we are not capable of making it into yarn....This can simply be an area where the government can intervene and support building a yarn industry.

 

[shah_123]

No he isn't. He's always neutral and talks about economics of Pakistan. Check all his threads or post. Just don't bash other because you don't understand what he has been talking about.

Can't they just import yarn from China and pay back in yuan? Just a question nothing else.

Ask him directly, did he campaigned for PTi or not.

 

[Śakra]

economy on the brink of collapse and the esteemed tomato farmer cum economist is telling you everything is already. Move your money out now before pkr hits 200+

 

[Champion_Usmani]

Can't they just import yarn from China and pay back in yuan? Just a question nothing else.

Frankly, i didn't asked that question from anyone of them, its a recent thing and looks like good option though. Lets c how this Yuan initiative by PAK & China goes, and what effect it causes to us as a country.

 

[CHACHA"G"]

We are a cotton producer I believe I cannot understand how we are not capable of making it into yarn....This can simply be an area where the government can intervene and support building a yarn industry.

LOL we used to and even still now export raw cotton …………. lmao ………… I will stop here …… before people politicize me again .