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Investor
( 163 posts )

[1183 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?

    287 days ago In Where to Buy
    Post Reply
    Sohail Khan
    (176 posts)
    Ilyas Khana, yara da zarra zor me nishta, da khalaq manalo wala na di.

    Ilsoo1 kha poigi kho zan e munkar kare de.
      30 days ago 

      Imtiaz
      (1241 posts)
      New Benchmarks of Accountability:

      - Playing Gas Firms Off Each Other Saved Pakistan $600 Million

      https://www.bloomberg.com/news/articles/2018-09-09/playing-gas-giants-off-each-other-saved-pakistan-600-million


      - SBP record shows Tareen got over Rs99.6m loans written off

      https://www.thenews.com.pk/print/115456-SBP-record-shows-Tareen-got-over-Rs996m-loans-written-off
        30 days ago 

        Ilyas
        (343 posts)
        Sohail khana roora, Da isloo 1 rooki deer zra keegi chi musalman shi ov jannati pa di jehan shi kho asa ye zid raghasta da...... da sara kha insaan da ov pa ma asa graan da......
          30 days ago 

          JDM
          (730 posts)
          SBP orders commercial banks to start buying/selling foreign currency. It seems like private money-changers will be out of business soon. Government is creating another black market.
            27 days ago 

            Abdul Qayyum
            (2021 posts)
            Money changers are the big launderers in Pakistan. Banks do bad things but not as much as Money changers!
            Plus bank transactions are documented.
              27 days ago 

              JDM
              (730 posts)
              It's all 100% drama otherwise money changers could be easily regulated like in many other countries. It will only create more unemployment.

              Fact is today Pakistan's debt crossed just over Rs. 36000 Billions, PTI added more than 6000 billion in just 11 months. Fastest pace ever in 70 year history. Pakistan is going towards default like never before unless Trump gives us some lifeline today.
                27 days ago 

                Ty Phoon
                (197 posts)
                Trump will never give us a lifeline, he hates us like no other president he knows us as we are worlds #1 hypocrite nation individually and on mass level.
                  27 days ago 

                  Abdul Qayyum
                  (2021 posts)
                  Pakistan is different than " many other countries"!
                  All regulations already exist for money changers but who cares Pakistan?
                  Imran govt returned loans to creditors and new laws/taxes will show good results, In Shaa Allah.
                  Rs can be strengthen easily by getting more and more and more loans and was exactly being done by looter gang.
                  Pakistan foreign policy is successful and that is the big successes. The cowards did not have ba***s to stand up for Pakistan. Imran does and will keep doing.....patience and "being a proud Pakistani" is what which is required.
                  We will see with our own eyes that Pakistan has been set on right path, In Shaa Allah.
                  I am much surprised that good things done by Imran govt are totally ignored here....just "all the bridges falling down..falling down...falling.....
                  **That explains we are really related to apes!
                    27 days ago 

                    Arshad
                    (764 posts)
                    Why would Trump give us a lifeline. The US has puppets that are destroying the country from within, so soon Pakistan will have to follow US orders whoever comes to power. Pakistan is on the way to become Soviet Union.
                      27 days ago 

                      JDM
                      (730 posts)
                      Abdul Qayyum Sb,

                      Even a revolutionary leader like Mao Zedhong couldn't change China in his lifetime. So what makes you think that these two; Khan and his daddy can make such magic happen.

                      Don't expect much as nothing much will happen in his 5 year tenure. So far journey continues downhill.

                      Only change here so far is that Pakistan becoming Soviet Union, by the time these incompetent lot gets done there will be no AZADI left in Pakistan.

                        27 days ago 

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