$500 mill spent in just one week on debt servicing/defending rupee value

[War Thunder]

Keep using haram paper and electronic currency and keep sinking below the filth of Ribba and keep trying to figure it out...

Yes, going against it is like stepping in the fire, as the powers that be will need to bring democracy to your homes right after. But, we can be weak and enslaved by the fake powers of the world who have no power. Or we can do what is right and live and die like men.
The one who subjugates himself to the system of the world, and in front of humans, Allah lowers their stature and makes them dependent on those very humans for a life time of servitude...

Yet, people are like Imran is the messiah from Allah, and I;m like he is better than what else you have. But he is an agent and slave of the same system.
Wait for a person who will come and stand up against the slavery of Dajjal and do what is right, and not make compromises.
When you do what is right, then Allah is your savior and protector. And when you aren't doing what is right, then you run after China and America and Russia and what not to be your earthly lords...

 

[kmc_chacko]

That money was to be kept in bank as deposit , not for spending.

Great.

First, you have mistaken they have taken Over Draft facility on the bank deposit and spending, deposit is safely kept in bank .

 

[Crixus]

np man , i was just asking as gold has more value then any currency in real world , so the gold reserves have great importance for the country

Sorry i didnt see the question mark..but it would be interesting to know and also where the gold is held

 

[Abdussamad]

Isn't this a step in the right direction?

A baby step. It's only declined by like 2% despite 30% rupee depreciation and raising of interest rates to double digits. Oil prices have been reduced recently so perhaps that negated the benefits of the other measures. Oil prices need to be increased and the rupee has to be depreciated some more.

Keep using haram paper and electronic currency and keep sinking below the filth of Ribba and keep trying to figure it out...

This is the economics subforum not the religion one.

 

[Yaseen1]

A baby step. It's only declined by like 2% despite 30% rupee depreciation and raising of interest rates to double digits. Oil prices have been reduced recently so perhaps that negated the benefits of the other measures. Oil prices need to be increased and the rupee has to be depreciated some more.



This is the economics subforum not the religion one.

Islamic economics is far better than western economics which has resulted succh worst condition of us today and also rest of world is always in fear of economic crisis due to riba based western economy

 

[Trango Towers]

np man , i was just asking as gold has more value then any currency in real world , so the gold reserves have great importance for the country

Agreed