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Where to Buy discussions and advice. Participate in ongoing dicussions and get invaluable Where to Buy advice from people who are experts in their industries or start a new Where to Buy discussion.
( 162 posts )

[881 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?

    232 days ago In Where to Buy
    Post Answer
    Inamullah Kh..
    (74 posts)
    The PTI blind supports still dream of a cycle going PM in Pakistan who will be punishing the corrupts. Who will start from his own home first. Who will make Aleema khan an example for others. Who will first pick their allies and the biggest daakoo of punjab and demand him resignation to avoid any possible influence on their cases (remember that was the high moral ground he was demanding from NS). In Naya Pakistan, the Clean PM will treat powerful and less powerful on equal grounds.

    But please wake up.
      157 days ago 

      (300 posts)
      @ Inamullah Khan sahib:

      One KAFIR BABA JI, Albert Schweitzer says:


      We all are aware of his past performance in various great organisations which immi founded in his career......

      Structural reforms take a long time to be fruitful and visible...... we are too emotional nation and want result over night.....

      It is what it is.....
        156 days ago 

        (719 posts)
        I personally believe that Rs. Will get stronger in coming few days .... Although does not sound technically correct.

        But this is my believe and guess too :)
          154 days ago 

          (136 posts)
          Is a strong rupee or a weak rupee good for the economy?
            154 days ago 

            (1125 posts)
            Unfortunately, the only possibility for a stronger PKR, if that ever happens will be artificial as on last PKR depreciation, govt. has made it mandatory for the State Bank to consult the Govt. before adjusting Forex rates (bye bye to the autonomy of institutes as was promised during and before the election campaign). Don't be surprised if we see same tactics employed by Dar to drag USD to 98 by borrowing USDs and when the borrowed USDs burnt off PKR got murdered in a few months time... Saudi & UAE loan comes at a price of +3% and 2.8% per annum.

            Weaker/Undervalued PKR or currency only becomes useful when exports are increasing as is the case with China. On export fronts we are also loosing as exports have been dropped in last 6 odd months.
              154 days ago 

              (458 posts)
              Some local baba ji has predicted dollar going to hit 175 mark. You can reject this prediction, but I would keep all my options open.
                154 days ago 

                Rauf Khan
                (55 posts)
                Pakistan is living beyond its means pure and simple. The massive foreign debt is going to haunt any future government since even debt servicing will be difficult unless exports/remittances are boosted.
                  154 days ago 

                  (1125 posts)
                  USD hitting the 140+ mark and seems to be progressing before the budget times...
                    94 days ago 

                    (423 posts)
                    Usd rising any further will be a disaster for us as far as inflation is concerned
                      94 days ago 

                      (1125 posts)
                      Unfortunately, 150 Mark may not be too distant. Any intake from IMF will lead to the Devaluation as IMF has been insistent on a free float of PKR that settles somehwere around 145 to 150 mark.
                        94 days ago 

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