Tag Archives: petrol prices

THE FLYING DOLLAR!

What a leap it is! Hi everyone, this is me, The  Strong USA Dollar, which has taken the huge plunge to an interbank rate of 210.3 Pakistani rupees till the writing of this article. The curious minds worldwide are scratching their scalps hard to find out whether the plunge will be higher in the coming days than the current one or not? Well, fingers are crossed till new updates.

 

With the economic crisis ongoing in South Asian countries like Sri Lanka, the odds don’t seem to be in favour this time. The impacts will be hard and harsh for many struggling economies worldwide. The poor ones would surely be going to hit rock bottom.

 

Well, I was very much stable till February 2022. But, then the unfortunate war in Ukraine filled the world stage with many uncertainties. With the political ground heated up, I was also dragged along. As the two greatest powers brought their differences to the forefront, many struggling economies went down the deep well of the ensuing economic crisis—the most affected in South Asia.

 

Inflation became rampant in countries like Pakistan and India. Foreign currency exchanges started to dwindle. Unemployment ensued. The governments began making the harshest decisions to save their respective economies from falling headlong. Take the example of Pakistan, where petrol prices were raised three times consecutively within a month. Well, I am sorry for that; that is how it works. Right?

 

International Monetary Fund, famously known as IMF, is my guardian angel. It tries to save the countries facing financial issues by providing them with easy and pleasant bailouts, but not without imposing the interest rate. It has saved many countries multiple times from falling. Who can forget the famous “2010 bailout package.” In short, IMF helps me keep my steady flight.

 

Moreover, I expect the loaning countries to take strict austerity measures to keep pace with my worth. For that purpose, they have to make very tough decisions. Say, for example, raise the price of everyday commodities like electricity. That is the reason people hate me for my worth. I am the boss here!

 

Moreover, many are asking whether I would remain like this in future also. Well, I am too uncertain right now. My current exchange rate against the rupee is approximate 212.26. It is going to depend on the world economic powers. If they could live peacefully, I’ll not bother any economy. But if they prefer war and chaos, the result is in front of the world. I’ll try to fly as high as possible so that no one would dare involve me in this mess. I am too tired now!

 

Overall, if asked about my personal opinion, I am a staunch opponent of any instability and uncertainty. I support soft exchanges among the world economies. I request the world powers to behave! Let the poor rupee find some peace. It is so tired of chasing me. Let us be friends and live amicably.

 

I wouldn’t say I like goodbyes because I love to remain alive in the news. Don’t forget me then. Goodbye for now! We will meet in new bailout news soon!

PASSING THE HARD TIMES!

Pakistan is a developing country. Ever since its existence, the government has faced many challenges. From a fragile economy to a dwindling democracy, some problems are a constant. However, despite all the challenges, the nation never fails to pass through them. Once again, issues and challenges are here. Inflation is the latest giant! 

This time the country seems to be struggling with a prevalent hard time. Petrol, diesel, oil, electricity, groceries; every commodity’s price is upward. Every class struggles to cope, but the lower-middle type is the hardest hit. 

Such hard times need innovative thinking. It is pronounced that the problems and challenges will always be here. The nation has to show creative thinking and regular patience, and persistence to pass these times. As rightly said: “Sweet are the fruits of adversity.”

Following are a few intelligent expenditure hacks which could be used to save the day. Though, some readers might find them impossible or somewhat unnecessary. No doubt, they can prove to be the real saviors. Give it a try and rise from these times like a phoenix!

1:  LOWER THE BILLS

Food, shelter, and clothing are the basic necessities of life. Given today’s times, their prices are going up every other day. However, a few bright and easy steps would prove helpful in lowering the bills. They are as under:

  • Always keep the unnecessary lights switched off.
  • Don’t use electrical appliances like AC, iron, washing machine, or water motors during the peak hours of the day.
  • Keep the house well ventilated. Open the windows in the morning and evening to allow fresh air. This will cool the home to a greater extent and also prove helpful in reducing too much use of air conditioners.
  • Try to use a single room with air conditioning to sleep at night. This would help to avoid the use of too many air conditioners simultaneously.
  • Instead of using separate televisions in rooms, use one in the lounge.
  • Use more LED lights.   

 

2: DO SMART SHOPPING

To live without shopping nowadays is impossible. It is also a necessary everyday ritual to do. Meanwhile, a few intelligent steps could prove helpful:

  • Make a list for monthly grocery shopping. This would help purchase only the required items and prevent distraction as malls are full of unnecessary colorful things.
  • Buy fresh vegetables and fruits daily. This would help, as the excess gets rotten and is wasted due to frequent load shedding and hot weather
  • If possible, grow your own vegetables and fruits. There are many online tutorials to grow organic food at home gardens. This would prove helpful in reducing food-related expenses.
  • Fashion is evolving every other day. For clothing, avoid being distracted by online sales. Buy clothes, shoes, and accessories when needed. it is better to first use the clothes that are already available.
  • Along with expensive brand shopping, do give a chance to less expensive local brands.

 

3: USE RENEWABLE ENERGY 

Greener and cleaner energy is a recent initiative gaining popularity. Give it a try!

  • Instead of using petrol-run generators, go for solar panels. Though many might question the expenses of buying solar panels, the outcome would be fruitful. In frequent power outages, the idea is less expensive and suitable.

 

4: WALK MORE 

The medical world always supports the idea of a stroll for healthy living. This would also help to overcome inflation!

  • Instead of using cars and other transport, walk if your destination is not far from home or office.
  • If the distance is more and more than one vehicles are available in a single household, try to manage using only one. This might curtail the expenses of petrol.

 

5: ADOPT HEALTHY LIVING 

Health is wealth, as it is rightly said. But a few healthy tips might also help to reduce the expenses. Continue reading to know-how!

  • Everyone loves restaurant food. However, don’t make it a habit to eat in restaurants frequently. Try to have food just once or twice a month at your favorite restaurants. It is a healthy practice plus money-saving!
  • Avoid junk food. Nowadays, junk food is so popular that there are stalls at every nook and cranny. Burgers, pizza, and soft drinks are harmful to health. Don’t make eating them a habit! 

               Hope reading this will prove helpful. Stay happy, and don’t forget to smile in these challenging times!