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balance of payments crisis


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read replies 29

balance of payments crisis

Topic started by bongdongs on May 9, 2008 11:12:46 am

Pakistan is going to face a full blown balance of payments crisis. I give it about 3 months.

is an IMF bail-out in the works? or are the Saudi's going to ride to the rescue again?


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Posts 1-16 of 29
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Post by HP on May 9, 2008 3:20:51 pm

Hey cabbie,
Did you make the call? Indian PM is now desperate!

Hehehehe:(W)


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Post by arjun_5 on May 9, 2008 3:08:00 pm

inbred retard..good news for pakis...the 20$ you get for selling your mother will be worth a lot more now..

Rupee touches 71/dollar in early trading

KARACHI: The rupee slumped 3.5 percent against the dollar on Friday, closing at Rs 65 for buying and Rs 67 for selling in the interbank market, after having touched Rs 71 in early trading. A foreign exchange dealer said that the open market had the dollar at Rs 67.5 for buying and Rs 68 for selling. According to Reuters, the heavy decline — the rupee has fallen 12.7 percent against the dollar since the start of the year — can be attributed to pressure from rising oil prices and fears that Pakistan is mired in political and economic instability. A banker said that only the State Bank of Pakistan could alleviate the situation.n. Meanwhile, moneychangers selling foreign currency to ordinary people said their supplies were running dry. “There is very little supply of dollars now,” said one Karachi-based moneychanger. “People have been coming and buying dollars as if they’re for free.” staff report/reuters


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Post by HP on May 9, 2008 1:09:23 pm

Hey cabbie,
How abt you call State dept to at least retun Indian PM's phone calls?

You have top security clearance and influence over the NSA and the State dept


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Post by arjun_5 on May 9, 2008 1:00:50 pm

oh..and HP...

Indian rupee v/s paki rupee...


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Post by arjun_5 on May 9, 2008 12:58:09 pm

inbred retard: what's pitiful is the paki PM and president repeatedly demanding a similar deal and being repeatedly turned down...

it's just the difference int he nature of relationships.

for example, pakiland had to make do with the F-16s that were offered..the ones with a bunch of restrictions that only make them useful enough to bomb your inbred retard jihadi brothers..

India, OTOH, has the pick of the lot...

pakiland isn't even in the same league...


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Post by HP on May 9, 2008 12:50:45 pm

AHole,

So all dreams of becoming a regional power shattered now?
The US will never trust India.

It is just pitiful that Indians could not even pull one of the better deal ever offered to a non-west country.

I am sure now cabbies with security clearance will call the State Dept to at least pick up the phone when Indian PM calls...

Go cabbies you can really help India now....hehehehe
:(W)


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Post by AlephNull on May 9, 2008 12:29:23 pm

Oh, I forgot, the Indo-US nuclear deal is dead in the water. Pakistan is saved once again. Allah always provides for the faithful.(T)


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Post by HPsauce on May 9, 2008 12:26:11 pm

anull, you volunteering or what:D


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Post by arjun_5 on May 9, 2008 12:23:31 pm



against the indian rupee..


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Post by AlephNull on May 9, 2008 12:23:31 pm

Whoever bails them out is going to ask for a few tons of nubile flesh.


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Post by HPsauce on May 9, 2008 12:22:11 pm

the hindutva theorist and major dumo has arrived as well. lady you a friend of zeeMChod who is a friend of your hindu friend nb*-)

This place is full of self-loathing self-hating self-mutilating hunoods:D


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Post by sadna on May 9, 2008 12:18:36 pm

The US will also help bail them out. Its election year.


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Post by HPsauce on May 9, 2008 12:15:25 pm

anull you are last monkey to fill the barrel up.
Lord Butt-tease will now have the pleasure of pleasuring you all in one go. Lordship has stamina in his old age. Ask zeeMChod he lends his gaannnndddddd around every day(T)


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Post by AlephNull on May 9, 2008 12:11:33 pm

Not so long ago His Pontifical Highness Chacha Battees was going on and on and on about the so-called advent of democracy in Pakistan and about how Musharraf's days were numbered. (T)

He seems rather subdued now. Mushy is still in the saddle, if hobbled; Zardari is up to no good; the US still has Pakistan by the throat. :@
Little has changed.

Crowing about the World Bank competitiveness report was his last gasp before reality caught up with him again. :((


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Post by HPsauce on May 9, 2008 11:57:26 am

profit-bhoy you are correct this is suddenly a barrel full of monkeys but can you handle it*-)


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Post by HPsauce on May 9, 2008 11:56:00 am

against the US dollar here is the chart profit-bhoy



http://ichart.finance.yahoo.com/1y?pkrusd=x


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