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Investor
( 168 posts )

[1185 Replies]
Pakistani rupee value is doing a nose dive and currency value has depreciated 30% compared to british pounds since 2017.

I bought 2 plots back in 2015 in bahria town. Even though the price of plots have gone up by 10% each year, the value of currency however depreciated and the investment is completely worthless.

Anyone seeing anything positive coming out of pakistan's economy in the next few years?

    761 days ago In Where to Buy
    Post Answer
    Shahbaz Khan
    (23 posts)
    Since low oil price will reduce the import bill , Plus duty free import of cotton will boost textile exports (the one one which Pakistan exports is based majorly 60-70%) . I hope to see CA deficit deterioration in next 6 months . Rupee will remain stable for now but a big correction in real estate is knocking doors amid news of new real estate authority. In Pakistan real estate multiplied 3 times in last decade which is extra ordinary hike as compared to neighboring regions. Real estate activity halt is seen in Lahore and Karachi since 2016 and this time Islamabad will face a halt which had some activity even after 2016. I am not economy expert but I can smell something fishy in realty in coming days.
      696 days ago 

      Naveed
      (285 posts)
      IK is a curse.
        696 days ago 

        Saiqa
        (4 posts)
        You are right but there is another thing in case of real estatethat the area in which you are investing, what is the growth rate of that particular area.

        No doubt that currency depreciation is a fact but investment in right place also effects.
          696 days ago 

          MUBASHIR
          (129 posts)
          Very well said Saiqa .In real estate the brand name (example : Dha) , Location ,accessibility and facilities matters alot.

          Whatever will happen to the economy good properties remains in demand always.For example the property prices always are intact in All Dha which includes Karachi ,Lahore Islamabad .

          CDA sectors and so on.
            695 days ago 

            Sohail Khan
            (329 posts)
            HAHAHAHA, till few months back people were referring to two brands IN property business of PAKISTAN and now only one left and they took out Bahria all of sudden, which is still a big reality.
              695 days ago 

              MUBASHIR
              (129 posts)
              Dha remain safe heaven for investment as it is a Authority governed by GHQ.

              On the other hand Bahria has best community facilities in the country .

              Dha country wide developed properties are for affluent people where else in Bahria even middle class people can also be afford too.
                695 days ago 

                Imtiaz
                (1966 posts)
                Interesting comparison - History of Devaluation

                1947 ~ 2018 : 3.37 ~ 139 = 135 PKR/71 Yrs ==> Depreciation of 1.90 PKR each year (on avg.)
                  690 days ago 

                  Rauf Khan
                  (100 posts)
                  In my personal opinion the Pak rupee will lose more ground to $,£ etc. As somebody has already pointed out with such a massive import bill things are likely to get ever more expensive for the common man and no doubt inflation will go through the roof. Defence savings and other savings schemes are maybe offering eye watering interest rates but the price inflation soon takes care of any gains. The general air of uncertainty and indecisiveness of this govt is not helping things as well.
                    690 days ago 

                    Imtiaz
                    (1966 posts)
                    Apologies... forgot the link to the video, in earlier post that is now pasted below

                    https://www.facebook.com/liaqat.jawaid.1/videos/10157001916304390/
                      690 days ago 

                      JDM
                      (730 posts)
                      Allah sent Imran Khan as blessing for Pakistan.

                      He single-handedly brought $15 billions help in to Pakistan economy without even going to IMF.

                      Inflation rate of first 5 months of this government is lower than the inflation rate of first 5 months of PMLN government in 2013.

                      Only corrupts and free-grazers are crying. Only corrupt economy is collapsing. Lazy investors will not have any room in this country anymore.

                      Gone are the days when rich/elites use to park in plots and get rich overnight. Now they will have to work hard like rest of us. Or they can give their money to other Pakistanis who can put it to use and help documented economy grow.

                      BTW, Nice to see so many Aristotles crying here as well. It only means Pakistan is moving in right direction as planned.



                        690 days ago 

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