Pakistan is going to downgraded to Frontier Market from Emerging Market.

[Doom1111]

I honestly didnt get what you said. But this has nothing to do with the decision to downgrade.
There will be several different reasons given by different quarters....with everyone satisfying their ego.
At the end of the day, it is a good decision for the market, and good for attracting PSX investment in USD. Prominence plays a big role in how markets are viewed. THats what has happened here.

https://twitter.com/x/status/1408320792182546436

 

[Doom1111]

is going to be fun how PTI and Hammad Azhar going to Spin this.

 

[Will_Bite]

https://twitter.com/x/status/1408320792182546436

And this guy is??

 

[Doom1111]

And this guy is??

Advisor to Karachi Chambers, PSX, Brooker, and helping PTI is Kamyab Jawan program.

Ammar H. Khan, Author at Profit by Pakistan Today

profit.pakistantoday.com.pk

 

[Will_Bite]

Advisor to Karachi Chambers, PSX, Brooker, and helping PTI is Kamyab Jawan program.

Ammar H. Khan, Author at Profit by Pakistan Today

profit.pakistantoday.com.pk

To each his own. This is an opinion, and no doubt you will find differing opinions within the industry.
PSX was sitting like an unnoticeable minion in the emerging markets....sometimes in order to go 2 steps forward, you have to take one step back.

 

[arifkarim]

it was used to be 110 billion dollar market in 2017

No it wasn't. Because PKR was overvalued back then

 

[arifkarim]

He mentioned that PKR stability is the key, which is gone in PTI era.

You call artificially high maintaining PKR stability?

 

[arifkarim]

It started to happen because Mufta devalued the currency fast and still happening in PTI. Outsiders like stability not Jokes and fantasy and blame game.

PKR needed to be davalued because your favorite absconder leader Ishaq Dollar had overvalued PKR for years

 

[arifkarim]

https://twitter.com/x/status/1396719287641903104

Currency was overvalued back in 2017 Patwari

 

[arifkarim]

I repeat my self Rupee devaluation led to this started from Mufta and till PTI.

PKR had to be davalued after if was overvalued by your favorite absconder leader Ishaq Dollar for years. Blame him not Miftah or PTI

 

[arifkarim]

Thank you for the correct figures now, and as you mentioned in your other post that PKR value has much to do with the market capitalization, so is it not safe to say that most of this decline has come automatically through rupee devolution. In simple words if you have 105 rupees your market value was $1 in 2017, but in 2021 the same 105 rupees are valued as $0.66. So it it was $100 billion it became $66 billion just with devaluation.

Patwaris can't do math

 

[arifkarim]

stable PKR is the key to all investment.

Then don't overvalue PKR. Simple

 

[arifkarim]

It will not until we have market base currency. We cannot sustain it due to all our industry and investment is related to dollar and it make a big impact.

We cannot do things like make in Pakistan because investors will never trust PKR now.

So investors trust artificially high PKR?

 

[Doom1111]

To each his own. This is an opinion, and no doubt you will find differing opinions within the industry.
PSX was sitting like an unnoticeable minion in the emerging markets....sometimes in order to go 2 steps forward, you have to take one step back.

https://twitter.com/x/status/1408303666164076551 https://twitter.com/x/status/1408333145687142403

He says in other tweet if Asad Umar used his brain and straight away went to IMF than we would have avoided this but now even PM khan says that Asad was duffer in a making.

 

[farooqak]

These index keep changing yearly and if positive growth goes on, we will be upgraded again. Pakistan needs decade of stability on all ends and then see how the tides change.
We are a more resilient country compared to other Muslim countries which have collapsed, so patience is required

 

[Will_Bite]

https://twitter.com/x/status/1408303666164076551 https://twitter.com/x/status/1408333145687142403

He says in other tweet if Asad Umar used his brain and straight away went to IMF than we would have avoided this but now even PM khan says that Asad was duffer in a making.

Have heard ths classic BS about 'had Asad Umar gone to IMF right away' way too many times. Its getting old.

Going to IMF right away would have meant taking straightforwad dictation, and then, the same media experts and economists would have been barking of how Asad Umar went to the IMF too soon and got a bad deal.

 

[Truthstands]

MSCI to launch a consultation on potential reclassification of MSCI #Pakistan Index from Emerging to Frontier Markets status.

https://twitter.com/x/status/1408264324301328384

In simple, reason they are saying that we do not qualify for the market bases we do not have enough dollar value in our stock market that we can avail status quo. So there, they will downgrade us due to lack of dollar in our stock market.

Now PTI guys can give how it is related to 19 billion dollar CAD but even IMF not buy PTI bullshit only Siasat.PK will defend it like a religion.


it is serious learn from Sri Lanka how a default nation, which has less than 4 billion dollar reserve ,which has mostly based on Swap is running better than us and going to be upgraded in the market.

I don't understand why anyone is trying to teach you economy. First u dont even know any indicators.
2nd you are more like mentality who wants to payoff all debts with crypto currency.

3rd these are the tools to divert investment to other countries.
If any economic indicators would be wrong no one buy the bonds in LSE.

I am not surprised to see that many educated peoples are talking non-sense like a dumb pound.

 

[arifkarim]

https://twitter.com/x/status/1408303666164076551 https://twitter.com/x/status/1408333145687142403

He says in other tweet if Asad Umar used his brain and straight away went to IMF than we would have avoided this but now even PM khan says that Asad was duffer in a making.

Donkey Pakistan's forex drained because of overvalued PKR. Is Asad Umar responsible for that or your absconder leader Ishaq Dollar?

 

[arifkarim]

Have heard ths classic BS about 'had Asad Umar gone to IMF right away' way too many times. Its getting old.

Going to IMF right away would have meant taking straightforwad dictation, and then, the same media experts and economists would have been barking of how Asad Umar went to the IMF too soon and got a bad deal.

Is anybody even wondering why Pakistan had to go to IMF in the first place if PMLN experienced team was giving Pakistan 5.6 percent Gdp growth? Or is this too much ask given Patwaris stunted growth problem?

 

[arifkarim]

I am not surprised to see that many educated peoples are talking non-sense like a dumb pound.

That's because they are graduated from Maryam Nawaz Khoti Biryani media cell and not from a school of economics