Will Rupee Devalue Further? Economic roller coaster

[Xulfiqar]

Yes,

sars cov-19 is a yahoodi agent in the air and the vaccines have microchips in them.

Latest I heard was that the chip shortage is because all the "vekseen kompnee" have purchased all the microchips in the world.

Its best to brew a nice cup, sit down and enjoy this like you do at a zoo.

[HellsGuardian]

Sir secret bata dia ap ne

[silentassassin1]

Oh pai jaan bus mehangai control kar lao.

Electricity prices being jacked up again.

Pata nahin kaun naazil hogya hai hum par

[Nabs]

The value of the dollar reached an all-time high against the rupee on Tuesday, reaching Rs168.9 in the interbank market.
https://www.dawn.com/news/1646345/dollar-touches-highest-ever-mark-at-rs1689-in-interbank-trade

[HellsGuardian]

What's the open market rate? Btw this is around 11% in past 6 months. Meaning anybody who had 10Lac in PKR now has 9Lac.

[Nabs]

What's the open market rate?

169.9

[malik593-1]

tabdeeli a rahi ha pakistan atraki kar raha ha aur economy buhat aci hu gai ha all good i am sooo relaxed now waiting for angels to bring me food

[Xulfiqar]

Cant happen if the treasury is financed by loans only.

[capsat]

it was at US$1 = PKRs. 171.30 in open market at 3 pm Sept 14 2021.

[Xulfiqar]

as mentioned a year ago,

when covid hit - it was a blessing in disguise for Pakistan as the global money movement halted because a lot of all this was supposed to happen last year.

Fast forward to today and now we are experiencing a double sink nail act where the undertaker strikes once to sink two nails.

My 2 cents are, get out! unless you earn in gold or USD because the future is not too bright ahead.

[Nabs]

My 2 cents are, get out!

Easier said than done.

[Xulfiqar]

yeah its a tough one to swallow. But think of it.

What is your plan for your own future when you are unable to work due to health reasons? Or what are your plans for security which is getting worse day by day?

Or healthcare which is being drained at rapid pace?

[HellsGuardian]

Alhamdullilah I have been doing really good here in PK but when i think of my kids, the future looks bleak.
We have become frog in the well and we will realize this when its already too late, in fact i too realized this quite late and now my chances are slim. Ask any one what are your plans for next year? 90% of our awam will go blank. We just live day in day out.

[HellsGuardian]

btw real estate market has also slowed down since last 1-2 months. Even though we have record remittances but people are reluctant to invest.

SBP injected $1.2b, lets see if it helps.

[Nabs]

Ogra proposes up to Rs10.5 per litre hike in petroleum prices ~ DAWN

Ghabrana nahi hai.

[Xulfiqar]

Ask any one what are your plans for next year? 90% of our awam will go blank. We just live day in day out.

And thats what is scary, are they high on drugs or something? or have they been brainwashed?

[uzeemujeeb]

sir @Xulfiqar 97% people living in Pakistan does not even know word planning. (for them planning is word for birth control only)

the so called educated class (with financial strength & monetary resources) Pakistan is Heaven, such class is in single digit percentage. They too are clue less for the future of their next generation(s). Are they providing their children with enough of education and civility to stand up and work hard to earn a respectable life. ??? NO I Bet NO They have zero plan for that as well.

with great regret i must accept even the Govt does not have any practical plans beyond 2025. Over the papers we are already progressing beyond 2050 but in reality we are blind & deaf for 2022 and ahead. Thats' a naked truth and bleeding fact.

[capsat]

with great regret i must accept even the Govt does not have any practical plans beyond 2025. Over the papers we are already progressing beyond 2050 but in reality we are blind & deaf for 2022 and ahead. Thats' a naked truth and bleeding fact.

qibla lagta hai ap ko apni nokri aziz nahi hai koi watch dog report kar dayga to khudday line

discharge from job without benefits.

exercise caution please.

[hasankhurshid29]

And thats what is scary, are they high on drugs or something? or have they been brainwashed?

There is something called "Allah Tawaqal". Most Awam do this and it is a spritual power.

[Xulfiqar]

hmm

so same awaam doesnt lock their house because Allah Tawakkal? same awaam doesnt lock their cars because Allah Tawwakkal?, how about eating poison? - Allah Tawwakal?

seems like awaam has source of "sastee charass" and is exploiting it. - They are literally stoned.