Pakistan Rupee has markedly stabalized after Kalia and co arrest, dollar is las low as 78 In open market and trend in downward. This shows that demand of Dollar by Money changers was artificial it reverted from 84. In coming days it may be even lower and property market will ge benefit
Nazir replied on Wednesday, November 19, 2008 04:00 PM
A big factor is oil prices which is less than half of what it was in July. There is nothing to do with Kalia and others in terms of currency , in terms of money laundering which I don't know. |
Fahad Ahmed replied on Wednesday, November 19, 2008 11:55 PM
If govt do the same with Sugar, Cement and Atta mafia life of a common man will improve.
But unfortunatly all others are in politics not only business type like kalia group. |
Jameel replied on Thursday, November 20, 2008 11:56 AM
Yes there are 3 Factors
IMF 7.5 Billion loan approval and end of uncertain news.
Fall in Oil price
Decrease demand inside country due to Kalia type Scandal |
