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Forex currency,

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   O M G
Tuesday, October 9, 2018 05:53 AM 
Reply: >
Dollar going wayyy up. Reached 138 +.
Hold tight it’s going to be a wild swing in property and stocks as well.

Blood bath is coming.
dxb replied on Tuesday, October 9, 2018 06:50 AM 

local buyers are pushed out of property market
international buyers wont invest
O M G replied on Tuesday, October 9, 2018 07:06 AM 

This policy is implemented to move out of radar of FATF.
Also to induce people in tax net.
International buyers have many other opportunities rather than buying property in Pakistan, since whenever country gets hit by inflation it effects the most sought after commodities. It’s a sell off market but unfortunately no buyer is interested in buying.
Khan88 replied on Tuesday, October 9, 2018 07:07 AM 

International buyers can invest internationally in other jurisdictions with much larger profits .. why should they invest in Pakistan?

Dollar will go up towards 145 eventually....
Habib replied on Tuesday, October 9, 2018 08:16 AM 

KSE fro 50,000 to 38,000 in spite of Qatar and China Injection
Dollar Run Amuck
Property market Flat
Future History of Pakistan will write
Please don't tell it is legacy effect, In 2013 PMLN took worst performing Economy and put every thing on track in 2014, at that time there was no legacy effect.
thinker replied on Tuesday, October 9, 2018 08:36 AM 

I think things are going to get much worse than at present. This is the start. Pakistan needs 26 billions dollars per year. even with IMF loan of 12 billion we remain in trouble. I dont know what the Government is planning
Thelma replied on Tuesday, October 9, 2018 09:24 AM 

So how did the things become so bad if PMLn had put everything on track ...this govt just came into power It was pmln before them ......stop fooling people .....their finance minister ran at the first sign of trouble ....he knew exactly how he had fudged figures and where the country was heading ... And get ready for reaping the mess pmln sowed..
Saeed replied on Tuesday, October 9, 2018 10:54 AM 

Personaly i think the prices will go up for real estate especially after injection of more money by government. Government policy is also a major factor for real estate. For example if there are two plots in a country and government has 10 rs injected. Per plot price will be 5. If they inject more money say 20 rs. Price of plot will increase and same goes for other commodities. Inflation will increase and so will be the commodities. Especially on small plots where we dont have any issue on filer/non-filer in different societies. USD-PKR rate in PKR is mostly a mentality where people get panic. Inflation is micro indicator. This government will try to bring back pkr. Property market is not flat. Country is heading where corrupt people will be afraid to do corruption and tax money robbers will be afraid. We as a nation have very less patience. Look around. Successful countries who prospered took decades. This government even with U turns are doing somethings which previous governments did not do for years after years.
SGA replied on Tuesday, October 9, 2018 11:31 AM 

Guys,
I Have Solid news that, Dollar will stay on Rs 135/- only. So be calm & Cool.
C. Akram replied on Tuesday, October 9, 2018 12:05 PM 

BLOOD BATH like seriously? Just creating panic and havoc is our national game. Pakistan is not in state of martial law that something like that is going to happen. Every country in the world faces difficult situations we have alot of potential so relax and stop watching Indian news channels.
O M G replied on Tuesday, October 9, 2018 01:05 PM 

That is what we always do sit back and relax.
No Sir. This time around we need desperate measures. Extracting easy money has become a norm of our nation. One should prosper productively. I am against the slogan of imran that point out black money and take 20% of it. NO , it should be pointed out as a national duty of every citizen. We should eradicate this corruption from within that without doing anything productive and creative we get money from all around.
We should get out of this 4 decades habits of commissioning
Qasim replied on Wednesday, October 10, 2018 09:59 AM 

Pakistan needs 26 billions dollars per year and even with IMF loan of 12 billion that too for 3 years will do little help in this regard. Eventually, we have to do more devaluation and eventually bring the imports from 60 billion dollar to 40 billion dollars. That means everything will go up. Hard times for next 3-4 years.
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