Did they have electricity in Rayasat-e-Madina? How can you go back to that golden age with electricity? No electricity, no oil, no coal, just horses and camels for the rich, the rest go paidal. Mard-e-Momin must have a simple life with simple pleasures.Ambar wrote:Will be interesting to see how long they can keep it at this level. Once the confidence of PKR rebounding is lost it will rapidly sink towards Rs 200 and beyond. Also, I don't know if they still get sweetheart deals on oil from KSA, UAE and Qatar, but at the current coal and oil prices if Pakistan does not have hard dollars to buy then expect 20 hrs/day of blackouts regularly.
He went to US as a finance minister but returning as an advisorRsatchi wrote:Haram link: http://www.dawn.com/news/1653289/shauka ... gotiations
Dim's advisor leaving NY after 10-day begging marathon!!
is this something to do with Grey list???
Having virtual meetings from Pakistan itself would have saved more money.Later Thursday, Mr Tarin quietly left Washington, hopping on a train to catch an international flight from New York.
Kufr, read the pojitive news, please, and look at the upside. By the way, one-way fare on Amtrak from DC to NY Penn is only $88 (coach class, meals are extra, toilets in every car). If he had chosen a Greyhound bus, the one-way fare is $38 (no meals, toilet at the end of the bus). Tarin could have also qualified for a 10% senior citizen's or AAA discount if he had asked for it.partha wrote:Later Thursday, Mr Tarin quietly left Washington, hopping on a train to catch an international flight from New York. Having virtual meetings from Pakistan itself would have saved more money.
“We are getting positive vibes.”
“When the market learns the IMF is monitoring Pakistan, it enhances the country’s market standing,” said one of the sources.
While the US dollar has crushed the local currency, the foreign exchange reserves of the State Bank of Pakistan (SBP) have also started falling sharply that may further weaken the rupee.
The SBP reserves plunged by $1.646 billion to $17.492bn during the week ended on Oct 15 from over $20bn in August, announced the central bank on Thursday.
The State Bank said that reserves decreased mainly due to external debt repayments that included $1bn against Pakistan International Sukuk.
Kabadistan news: https://www.dawn.com/news/1653311/sbp-r ... -in-a-weekDuring the week the reserves of the commercial banks increased by $4m to $6.835bn.
Bhikari News: https://hamariweb.com/finance/forex/usd-to-pkr.aspxUSD to PKR Today is RS 174.80 in the currency market of Pakistan.
Sirji not yet there, still Rs 25.20 away from double century mark.anupmisra wrote:Almost there!
USD to PKR Today is RS 174.80 in the currency market of Pakistan.
If they had this kind of thrifty Yindoo thinking, they wouldn't be begging from the IMF. They are TFTA and must travel in the best luxury possible. Aam Abdul can pay for it by sending his many sons to Soddy and Cutter.anupmisra wrote:Kufr, read the pojitive news, please, and look at the upside. By the way, one-way fare on Amtrak from DC to NY Penn is only $88 (coach class, meals are extra, toilets in every car). If he had chosen a Greyhound bus, the one-way fare is $38 (no meals, toilet at the end of the bus). Tarin could have also qualified for a 10% senior citizen's or AAA discount if he had asked for it.partha wrote:Later Thursday, Mr Tarin quietly left Washington, hopping on a train to catch an international flight from New York. Having virtual meetings from Pakistan itself would have saved more money.
There is also a mega bus.. this would have shown pak-cheen rahdariyensoy wrote:If they had this kind of thrifty Yindoo thinking, they wouldn't be begging from the IMF. They are TFTA and must travel in the best luxury possible. Aam Abdul can pay for it by sending his many sons to Soddy and Cutter.anupmisra wrote:
Kufr, read the pojitive news, please, and look at the upside. By the way, one-way fare on Amtrak from DC to NY Penn is only $88 (coach class, meals are extra, toilets in every car). If he had chosen a Greyhound bus, the one-way fare is $38 (no meals, toilet at the end of the bus). Tarin could have also qualified for a 10% senior citizen's or AAA discount if he had asked for it.
In September 2021 Fitch predicted TPRp (Toilet Paper Rupiah) to be 180 in 2022.Vips wrote:Sirji not yet there, still Rs 25.20 away from double century mark.
Please Sir, have some decency. The thought of my bum touching that paper gives me heebi geebies.anupmisra wrote:In September 2021 Fitch predicted TPRp (Toilet Paper Rupiah) to be 180 in 2022.Vips wrote:Sirji not yet there, still Rs 25.20 away from double century mark.
Singh Ji, we Indians know exactly the kind of browns immigrating to the white lands... hence the cheer... to see Karma in action - in the form of reverse colonization. The white west used to give us SDREs grandiose lectures in morality right from the 60s, 70s on how casteist, communal bigots Indians are. Now it is almost like a schadenfreude moment for us.Avtar Singh wrote:...
I see Indians online cheering the browning of white mans lands…
...
Not the type of people/browns that most of us would want to associate with.
Those of us living in India well know that this never really stopped in the first place... amongst the browns we have had huge influx of the Beedis since the late 60s and recently the Rohingyas. The Blacks (africans) have been a mere trickle thanks mainly due to the wide Arabian sea separating the sub-continent from the black continent.Avtar Singh wrote: The flow of sundry browns and blacks will switch from moving towards europe and directed towards India….
No Sir, you are not the one getting attacked.. it is the whites. Once you realise that (refer the first para) it will be more clear.Avtar Singh wrote: I get attacked for pointing out that when you chaps shout wacist/wacist/wacist at whites for wanting to defend their lands from mass immigration. You are allying yourself with the very people that at some point will turn their gaze/attack vector to you.
Yes, this is something which will need to be watched out for and a plan to be put in place. Denial of Visas to a certain group is more complicated as compared to restriction on eligibility of citizenship (something CAA has tried to do). Need a strongly nationalist government at the helm for the next many decades at a minimum..Avtar Singh wrote: ..Now there are many many people of pak origin in dhimmi western countries.
..These pak origin people in the west will start to demand access/visas to India…
..
USD to PKR Today is RS 175.00 in the currency market of Pakistan.
Inflation in Pakistan has broken a 70-year record in the last three years, with food prices doubling, while the prices of ghee, oil, sugar, flour and poultry have reached historic levels.
According to the Federal Bureau of Statistics (FSP), from October 2018 to October 2021, electricity rates have increased by 57pc from Rs 4.06 per unit to at least Rs 6.38 per unit.
By the first quarter of October, the price of 11.67 kg cylinder of LPG had gone up by 51 per cent from Rs 1,536 to Rs 2,322. Similarly, the price of petrol had gone up by 49 per cent in three years
The highest increase in prices of food items was in the prices of edible ghee and oil. The price of ghee increased by 108% to Rs. 356 per kg.
The price of sugar increased by 83% in 3 years
The price of 20 kg bag of flour has gone up by 52% to Rs. 1196 in 3 years.
the price of beef has gone up by 48% to Rs 560 per kg in three years.
In three years, open milk has risen by 32% to Rs. 112 per liter
During the last three years, the price of rice has gone up by an average of 30 per cent
But, pakhanistan's maiden World Cup win over India in 29 years beats all of the above.During this period, chicken eggs also increased by 47% to Rs 170 per dozen.
anupmisra wrote:Inflation breaks 70-year record in last three years: report
Inflation in Pakistan has broken a 70-year record in the last three years, with food prices doubling, while the prices of ghee, oil, sugar, flour and poultry have reached historic levels.According to the Federal Bureau of Statistics (FSP), from October 2018 to October 2021, electricity rates have increased by 57pc from Rs 4.06 per unit to at least Rs 6.38 per unit.By the first quarter of October, the price of 11.67 kg cylinder of LPG had gone up by 51 per cent from Rs 1,536 to Rs 2,322. Similarly, the price of petrol had gone up by 49 per cent in three yearsThe highest increase in prices of food items was in the prices of edible ghee and oil. The price of ghee increased by 108% to Rs. 356 per kg.The price of sugar increased by 83% in 3 yearsThe price of 20 kg bag of flour has gone up by 52% to Rs. 1196 in 3 years.the price of beef has gone up by 48% to Rs 560 per kg in three years.In three years, open milk has risen by 32% to Rs. 112 per literDuring the last three years, the price of rice has gone up by an average of 30 per centBut, pakhanistan's maiden World Cup win over India in 29 years beats all of the above.During this period, chicken eggs also increased by 47% to Rs 170 per dozen.
Haram link: https://www.thenews.com.pk/print/903204 ... ars-report
It's a "temporary" deposit of $3Bn in the state bank to bolster paki reserves and help slow down the decaying value of TPRupee against the US Dollar. KSA is the same nation that voted to keep pakhanistan in FATF's grey list.g.sarkar wrote:https://www.rediff.com/news/report/cash ... 211027.htm
"Saudi Arabia's announcement supports Pakistan with 3 billion US dollars as deposit in Pakistan central bank and also financing refined petroleum products with 1.2 billion US dollars during the year,".....Gautam
However, the currency traders on the street had this to say:The rupee bounced back on Wednesday to gain Rs2.5 against the US dollar in the interbank market as the currency closed the trade at Rs172.78, after Saudi Arabia announced a support package of $4.2 billion for Pakistan, traders and bankers said.
USD to PKR Today is RS 175.50 in the currency market of Pakistan.
looks like the pakis dumping of grey listed turdogan seems to have worked.anupmisra wrote:Pakis are delirious that their rupee has gained in value against the US $ because of this temporary placement. However, the street is not buying it. Note the wide delta between the two values:
Rupee rebounds on $4.2 billion Saudi support package, gains Rs2.5 in interbank trade
However, the currency traders on the street had this to say:The rupee bounced back on Wednesday to gain Rs2.5 against the US dollar in the interbank market as the currency closed the trade at Rs172.78, after Saudi Arabia announced a support package of $4.2 billion for Pakistan, traders and bankers said.
USD to PKR Rate in Pakistan Today
USD to PKR Today is RS 175.50 in the currency market of Pakistan.
Delta of TPR 2.72.
Or even the local money lenders (in cahoots with the genrails) who would make money by arbitrage.chetak wrote:wonder how much of this the hans will grab for themselves under the head of "delayed" interest payments
Pakis will claim intrest is haramVips wrote:Ya Habibi. Porkistan is going to pay interest @ 3.5% to Saudi Arabia for parking its money as deposit in Pakistan central bank.
It cannot as per Saudi restrictions spend the money, just use it as hedge to stabilize the value of its toilet paper against the US $:lol:
And how do they achieve that ? Don't they have to sell those dollars to stabilize their worthless toiletpaper ?Vips wrote:Ya Habibi. Porkistan is going to pay interest @ 3.5% to Saudi Arabia for parking its money as deposit in Pakistan central bank.
It cannot as per Saudi restrictions spend the money, just use it as hedge to stabilize the value of its toilet paper against the US $:lol:
it's like that liquid oxygen storyAmbar wrote:And how do they achieve that ? Don't they have to sell those dollars to stabilize their worthless toiletpaper ?Vips wrote:Ya Habibi. Porkistan is going to pay interest @ 3.5% to Saudi Arabia for parking its money as deposit in Pakistan central bank.
It cannot as per Saudi restrictions spend the money, just use it as hedge to stabilize the value of its toilet paper against the US $:lol:
Hainji, is this even Sharia compliant? How can one birather mulk charge interest to another birather but obviously a lower level slave mulk. How is this being allowed by mullah.Ambar wrote:And how do they achieve that ? Don't they have to sell those dollars to stabilize their worthless toiletpaper ?Vips wrote:Ya Habibi. Porkistan is going to pay interest @ 3.5% to Saudi Arabia for parking its money as deposit in Pakistan central bank.
It cannot as per Saudi restrictions spend the money, just use it as hedge to stabilize the value of its toilet paper against the US $:lol:
You Kufr what do you know of Sharia and Islam? Islam started in Arabia, Arabic is the language of Islamic scripture, Arabs are the custodians of the two main mosques. Thus Arabs are the true, original Muslims and hence can charge interest on the third grade, converted and impure muslims of Pakistan.ritesh wrote:Hainji, is this even Sharia compliant? How can one birather mulk charge interest to another birather but obviously a lower level slave mulk. How is this being allowed by mullah.Ambar wrote:
And how do they achieve that ? Don't they have to sell those dollars to stabilize their worthless toiletpaper ?
Saudis are also not doing this for free, I am sure Pakistan has agreed for something in this regard- what we do not know? Cannon fodder for some place Syria/ Africa/ Turkey. Paki Regime has 220 million + 50 million Afgans now who can be used as Free labour.g.sarkar wrote:Pakistan never returns loans. China does not give any thing for free. On top of that, one who takes the loan has a tactical advantage over the giver when the time to return comes along. I hope the Sheikhs live to regret this decision of parking money in a sinking ship.
Gautam
The time of free money (Hard cash deposits and hand outs), IMHO is gone. MBS is far too practical for that. Giving oil on credit or deferred payment may happen but for sure even for that Porkistan will have to agree to a lot of things vis-a-vis Turkey, Qatar and Mashaallah Israelg.sarkar wrote:Pakistan never returns loans. China does not give any thing for free. On top of that, one who takes the loan has a tactical advantage over the giver when the time to return comes along. I hope the Sheikhs live to regret this decision of parking money in a sinking ship.
Gautam
See, it's like going to a fine restaurant, ordering and eating to your heart's content and then, if you are a paki, you have two choices. 1. Dine and dash without paying (but you would need someone to point out the door and hold it open for you) or 2. decline to pay the bill and end up washing dishes.yensoy wrote:What's the deal with the oil on credit?
I believe the $3 Bn parked in their state bank coffers will allow the pakis, under IMF diktats, to use an equivalent amount to buy food and aid. The question is who will monitor this buying spree/CalvinH wrote:The demands must be more sinister with Saudi's acting as a proxy for US. The bad side of this is that Pakis would do the same they were doing earlier for US but with fraction of the payments they used to get. Plus the payment wont go directly to Fauji budget...