Again PKR is deprecating and ,however, other currencies are recovering.

[Doom1111]

Again PKR is deprecating and ,however, other currencies are recovering. It has started again within 2 days it has depreciated aground 4 rupee.

This is all due to hot money outflow ,which guaranteed by Raza SBP governed that Hot money outflow will not cause PKR to depreciated.


All the 9 months hard work has gone gutter and now you see inflation rising to 14% again. Petrol cannot be cheap because PKR is on deprecating.

It would miles better that we would a local SBP governor rater than a PHD guy who only cares about therocatial level rather than ground level.

What is use of foreign reserve if we cannot defend PKR.

 

[arafay]

This is the risk of free float exchange rate. However, this depreciation is short term and the rupee will recover after corona. Whenever there is panic, stock markets crash and people buy
safe assets like gold and USD. This is what is happening right now around the world.

Even though Federal reserve reduced their interest state, still USD is going up against EUR, YEN and GBP.

 

[Doom1111]

This is the risk of free float exchange rate. However, this depreciation is short term and the rupee will recover after corona. Whenever there is panic, stock markets crash and people buy
safe assets like gold and USD. This is what is happening right now around the world.

Even though Federal reserve reduced their interest state, still USD is going up against EUR, YEN and GBP.

Stock market is recovering. Every market in the world is recovering from yesterday and every currency has been recovering from yesterday expect Pak rupee.

Even Srilanka used their foreign reserve to control their currency and they are also in free float market.


Pakistan is not made for experiments. PTI will not survive within this year and this a stamp mark because they have sell SBP and Pakistan cannot control its currency.

 

[arafay]

Stock market is recovering. Every market in the world is recovering from yesterday and every currency has been recovering from yesterday expect Pak rupee.

Even Srilanka used their foreign reserve to control their currency and they are also in free float market.


Pakistan is not made for experiments. PTI will not survive within this year and this a stamp mark because they have sell SBP and Pakistan cannot control its currency.

PKR will recover once the panic of corona is over. Fundamentals of external economy are strong in the short term with oil price going down (import bill will be less) and exports are going up.

 

[Doom1111]

PKR will recover once the panic of corona is over. Fundamentals of external economy are strong in the short term with oil price going down (import bill will be less) and exports are going up.

We will get zero relief because PKR has lot is value around 3% in just 2 days. PTI can never control our economy.

 

[Digital_Pakistani]

http://imgur.com/BGV1wTF

 

[Doom1111]

http://imgur.com/BGV1wTF

Imran Khan is not made for Pakistan or even any world economy.
Pakistan cannot survive under Imran Khan economic plan ,where, Pti fans think it is good for Pakistan go at 200 PKR value against dollar.

What is the use of our foreign reserve if we cannot use it.

 

[awesomkhan]

We will get zero relief because PKR has lot is value around 3% in just 2 days. PTI can never control our economy.

There was no international Crisis From 2013 to 2018...How come the rupee Depreciated...like your AQAS...PTI is not shitting dollars in the Market like PMLN did to hold it and like now the other countries doing at the moment as they have some reserves...in our Situation of Pakistan this Government can afford to chuck some dollars in the market to stable asap.

Secondly, the rest of the countries those who are stabilizing by throwing some dollars in the market to hold the currency... will increase the TAX in the coming days after the CORONA virus impact... Where in Our situation, if we keep in free float...it will not impact the common people in the long run...

Bear in mind... 9 Trillion dollars lost in 1 week...it will definitely impact the world..Lunday in Economist...

 

[AhmadSaleem264]

PKR is depreciating not because of hot money, interest rate is still high but rather of stock market. In Pakistan dollar is considered to be a safe investment and when the market started crashing people cashed out their money from stock exchange and bought dollars against it

 

[arafay]

PKR is depreciating not because of hot money, interest rate is still high but rather of stock market. In Pakistan dollar is considered to be a safe investment and when the market started crashing people cashed out their money from stock exchange and bought dollars against it

Correct. And unlike last govt, SBP did not intervene to keep USD at 154 even though they have the reserves to do right now. This is called fiscal discipline. People need to understand that exchange rate is a function of demand and supply rather than something govt should control. Govt should only intervene in case of catastrophic circumstances.

Ramadan will start soon and there will be a jump remittances for Eid shopping and Zakat. This means people will convert USD to pkr to spend money in pakistan and thus the exchange rate will go up again.

 

[Doom1111]

PKR is depreciating not because of hot money, interest rate is still high but rather of stock market. In Pakistan dollar is considered to be a safe investment and when the market started crashing people cashed out their money from stock exchange and bought dollars against it

Stock market has recovered today. However PKR is otherwise. We should have hired a local for SBP.

 

[Bilal Raza]

کراچی: (دنیا نیوز) انٹر بینک مارکیٹ میں روپے کی بے قدری جاری ہے، 6 ماہ بعد ڈالر 158 روپے سے تجاوز کر گیا۔ دوسری جانب سٹاک مارکیٹ میں 600 پوائنٹس کا اضافہ دیکھنے میں آیا ہے۔

آج کاروباری ہفتے کے تیسرے روز انٹربینک میں 85 پیسے مہنگا ہونے کے بعد ڈالر 158 روپے 30 پیسے پر ٹریڈ ہوا۔ واضح رہے ڈالر 3 دن میں 4 روپے 5 پیسے مہنگا ہوا ہے۔ دوسری جانب سٹاک مارکیٹ میں 600 پوائنٹس اضافے کے بعد 100 انڈیکس 38 ہزار 295 پوائنٹس پر پہنچ گیا۔

واضح رہے عالمی سطح پر کرونا وائرس کے سبب کچھ عرصے سے معیشت تنزلی کا شکار ہے، رواں ہفتے کے
پہلے کاروباری روز سٹاک مارکیٹ میں بدترین مندی دیکھی گئی تھی، انڈیکس 1160.72 پوائنٹس گر گیا تھا اور سرمایہ کاروں کے 180 ارب روپے ڈوب گئے تھے۔ تاہم گزشتہ روز کچھ بہتری کی صورتحال پیدا ہوئی اور کاروبار کا اختتام 636.80 پوائنٹس کی تیزی کے بعد 37695.75 پوائنٹس کی سطح پر پہنچ کر بند ہوا۔ نتیجے کے طور پر سرمایہ کاروں کو ایک کھرب سے زائد کا فائدہ ہوا۔
​

انٹر بینک میں ڈالر85 پیسے مہنگا، سٹاک مارکیٹ میں 600 پوائنٹس اضافہ

کراچی: (دنیا نیوز) انٹر بینک مارکیٹ میں روپے کی بے قدری جاری ہے، 6 ماہ بعد ڈالر 158 روپے سے تجاوز کر گیا۔ دوسری جانب سٹاک مارکیٹ میں 600 پوائنٹس کا اضافہ دیکھنے میں آیا ہے۔

urdu.dunyanews.tv

 

[kayawish]

Jali na teri...jali na...Moun se sirf tatti karta hai tu...or pechey se khata hai...Neolay...

Logical bat kr....apni baji na pesh kr...

Khan saab, why you using such language? If you are realy KHAN then you shall not abuse others parents or family.If you dont agree with desparado then this dont mean that you start abusing his family..now he also abusing ur family ... stop this shit both of you.

 

[kayawish]

Jali na teri...jali na...

Yea Akshay Kumar ka dialogue hai?

 

[Doom1111]

What is the use of these foreign reserve if we cannot defend our currency. India, Mexico, Nepal, Srilanka, has market base currency ,however, they used their reserve to defend their currency ,however, our foreign reserve are useless. It just number even if we have 100 billion reserve still it is worst.

 

[AhmadSaleem264]

Stock market has recovered today. However PKR is otherwise. We should have hired a local for SBP.

We need professional guys and he is a professional guy I know someone who has worked with him and praised his policies. The local guy ishaq dar bought the country to this situation. It makes no difference whether a guy is local or foreigner all that matters is his policies

 

[AhmadSaleem264]

What is the use of these foreign reserve if we cannot defend our currency. India, Mexico, Nepal, Srilanka, has market base currency ,however, they used their reserve to defend their currency ,however, our foreign reserve are useless. It just number even if we have 100 billion reserve still it is worst.

Our exports and business men are useless

 

[Dream Seller]

We will get zero relief because PKR has lot is value around 3% in just 2 days. PTI can never control our economy.

I like your positivity.