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I just want to gain some information on the currency rate of Pakistan which ahs stabilised quite dramatically. A few weeks back £1= r140 Know it is £1 = r 116 an amazing drop. Iknow that this is a realestate forum but currency prices is a major factor in whether people invest in property. Do you believe that this price will remain the same or will the rupee rate again depreciate or maybe stabilise further.
thanks
Mubashir replied on Friday, November 21, 2008 05:12 PM
Dear
Pakistani rupee is linked with US $. British pound has lost against $ so you are feeling like this. No worries. |
taurus replied on Friday, November 21, 2008 05:53 PM
just wait 2 weeks ,let the 1st instalment of IMF loan come n u will c wheres everything gone?
dollar will be 90+
sterling 150
and euro 120+
uae dirham 28-30
let the people be happy for couple of days only
IMF is there |
khurram replied on Friday, November 21, 2008 08:21 PM
Dear Hakim
British pound is week nowadays.
When £1 was = Rs 140
£1 was = $ 1.85
now £1 is = $ 1.49 |
chamo replied on Saturday, November 22, 2008 02:18 PM
Pak rupee is surely going to depreciate, but after a couple of months. |
