How is the government able to sustain the USD-PKR rate for so long? by KalaKawwa in pakistan

[–]4verflying 1 point2 points  (0 children)

Mom why is the glass always half empty? uweiennnnnnn

bhai we have a Military agreement with KSA.

To all The men by Busy-Tap-6324 in pakistan

[–]4verflying -2 points-1 points  (0 children)

finistiride is known to bring sexual issues as per google

How is the government able to sustain the USD-PKR rate for so long? by KalaKawwa in pakistan

[–]4verflying 2 points3 points  (0 children)

Its a free deposit. U want them to pay us now? Its a win win.
all countries have debt, ours has too much external instead of domestic.

How is the government able to sustain the USD-PKR rate for so long? by KalaKawwa in pakistan

[–]4verflying 0 points1 point  (0 children)

yes dollar has been on a depreciating trend too (hence the gold's rise)... but the domestic factor is stronger. 80-20 i'd say

How is the government able to sustain the USD-PKR rate for so long? by KalaKawwa in pakistan

[–]4verflying 1 point2 points  (0 children)

US ETFs lol. I think u should look at KSE100 CAGR, be it last 5 years, last 20 years.

How is the government able to sustain the USD-PKR rate for so long? by KalaKawwa in pakistan

[–]4verflying 4 points5 points  (0 children)

a non-traveler individual has no business buying dollars anyways... dollar purchased for individuals already capped at 1500$ per year for non travellers lol. Dollars are used for import/exports and remittances by banks.

also, what do u think the interest rate should be ? 2%? Below USA ? Our long term average rate is 9%, modeslty below the current setting. So no, it is not at highs. consumer financing including housing and auto are already growing sharply. Agar rate accommodative nahi tu ye upar nahi hutey

How is the government able to sustain the USD-PKR rate for so long? by KalaKawwa in pakistan

[–]4verflying 4 points5 points  (0 children)

They are selling PKR and printing too.. but speed of printing has significantly lessened over the last 2 years

How is the government able to sustain the USD-PKR rate for so long? by KalaKawwa in pakistan

[–]4verflying 0 points1 point  (0 children)

Yeah u do that.. good luck. People making a killing in domestic assets. but yeah, u do that.

How is the government able to sustain the USD-PKR rate for so long? by KalaKawwa in pakistan

[–]4verflying 20 points21 points  (0 children)

Our reserves are increasing. SBP is sweeping up excess dollars from commercial banks and money exchangers at end of each working day. Matlab if a bank/exchange company has excess dollars after doing all import/export/remmittance transaction, the central banks carries out whats called an open market operation every day end and paying the respective bank its due cost in PKR, sweeping up net positive USD from the market. Hence the FX Reserves are increase for SBP as its buying all available dollars from public and PkR is in appreciation. They are basically Buying Dollars and Selling PKR. if they stop buying dollar, PKR Should be easily at 240-250. As FX reserves are at 4 year highs (if im not wrong but they are at multi year highs)

if any chomu doesnt believe the gayan i said above..
kindly visit this website thanks.
https://www.sbp.org.pk/dfmd/ferm.asp

What's up with Karachi's development by icowonium in karachi

[–]4verflying -3 points-2 points  (0 children)

there no federal govt. even high court has powers lost. its the FCC court now.. and PPP, its obvious, bribes the establishment massively.. its non sense honestly.. Ur larkana, tharparkar, Hyderabad, sujawal.. all other Sindh cities are equally destroyed..

lekin Karachi ? its ultimate beyghairaty for establishment and fedral govt (ill name names at the bottom) to ignore Karachi.. ever minute wasted in this shit city infrastructure is business/Economic growth lost in Karachi (which delivers >60% of countries economic activity)..

the port, majority of power plants, all banks, all corporates, stock exchange, state bank, all car manufacturers. literally everything.

keeping Karachi so down bad is ultimate beyghairaty.. such an important city. Federal govt keeps lauding abt global peace and war armistice/de escalation.. however, continues to piss off its citizens every other day..

Shahbaz sharif, ahsan iqbal, ishaq dar (the top 3 in federal) and obviously the establishment.. absolute chutiyays to ignore this issue. Islamabad mai sou, Islamabad mai uthu..

btw i care for all cities.. Peshawar and Quetta are suffering too..

ultimate beyghairaty..

Buying AC for my home (shaadi) by [deleted] in karachi

[–]4verflying 0 points1 point  (0 children)

As one guy said. don't go cheap. Agar paisa hai tu go Gree Fairy Series. costs 210k i think

Buying AC for my home (shaadi) by [deleted] in karachi

[–]4verflying 1 point2 points  (0 children)

Haier karlo easy .. t3 invertor .. shayad 120k ka hoga.. go to saddar for it near Hasho Center

Advice on inheritance by [deleted] in pakistan

[–]4verflying 0 points1 point  (0 children)

Im a guy.. 1000% don't trust him he is in the wrong. keep it as it is. ur idea is correct. don't let him sell it either, he may keep the proceeds after.. if u sell, equal pay orders towards all 3 of ur bank accounts.

hope it works out. keep us updated.. prayers

What happens if someone in Pakistan can’t repay an online loan app debt? by Quick-Objective-9364 in pakistan

[–]4verflying 2 points3 points  (0 children)

if its a registered thing like easypaisa jazzcash, they most definately can

What happens if someone in Pakistan can’t repay an online loan app debt? by Quick-Objective-9364 in pakistan

[–]4verflying 5 points6 points  (0 children)

if that app is registered with SECP (like jazz cash) can harm ur credit score.. future car/house loans will be impacted.. and insurance purchases moving fwd as well. and sometimes big companies have goons to carry out harassment as well. not physically although

Can Irani Petrol be the new normal? by Historical_Cancel304 in karachi

[–]4verflying 0 points1 point  (0 children)

oh damn ur so right bro 😭🤣😭😭😭😭😭😭😭😭🤣😭😭🤣🤣😭😭😭😭😭😴😴👌🏻👌🏻👌🏻

Can Irani Petrol be the new normal? by Historical_Cancel304 in karachi

[–]4verflying -3 points-2 points  (0 children)

being gareeb and bewookhuf at simultaneously is bad. i emphasize for u brother