Advice on Rupee Depreciation

[elxlr]

Keep 30% in gold /silver, 30% in foreign currency and 30% in ruppeess.

[elxlr]

I’d personally go for gold. Prepare for ww3. As many countries are. Its not a quesrion of If but when. I have been following and tracking news related to gold worldwide. Dajjal is near. Israel 2030 viaion about money. Saudia 2030 vision about many things is all the same.

[faisalyz]

Keeping dollar account for saving is no more feasible now. Its almost freezed. Now u cannot withdraw dollars from ur dollar accoubt but only PKR , wo bhee interbank rates per.

[dakoon]

I have not heard any such thing .all of my US dollar account is in dollars and I just recently withdraw 500 dollars for personal use and I got it in US dollars .

[ziaullah08]

There is no such condition unless some rare case if your branch have cash shortage in dollar.

Otherwise for a non-filer , its not possible to deposit foreign currency or receive foreign remittances in other currency

[dakoon]

Another proof that rupee will further depreciate . Kyonkae imf ki pehli shart hi yahi hoti ha kae rupee ko further devalue karoe .
https://www.geo.tv/latest/202318-imf-bailout-on-cards-for-pakistans-next-government

[mnaeemb]

20 lakh is relatively big amount. you can invest it in real state.
The ones in real problem are those who dont have any savings at all.
their purchasing power is simply eroded every passing day.

[pwuser150323451944]

Buy real estate bro. It will shoot up aswell.

[enigma]

I am thinking as a optimistic Pakistani.

How much US$/Gold (equivalent) reserves do we need to bring US$ down to Rs. 70-80.

[dakoon]

Real estate down ja rahi ha Bahria town ki waja sae . Jo plot 50 lakh ka ja raha tha .woh 35 lakh main log beach rahae ha .
Abhi 2 hi tareeqae achae ha .ya to bank main rakh kae maheenae ka profit kamaoe but that is more feasible for people having around or more then 1 crore ya phir US dollar ya euro ya British pound main notes rakhoe.

[pwuser150323451944]

Bharia down hah? How about a DHA Multan 5 marla file for him ?

[dakoon]

20 lakh main 5 Marla ki file Dha multan ki usko kaisae milae gi ? Is waqt rate 32 lakh ja raha ha approximate .

[enigma]

Can anyone answer this. Tnx.

[Panther]

Is it better to go for Euro or British pounds ? Or maybe US $ is still the way to go?
How about buying a 10 Tola gold brick ?

[elxlr]

keep gold. Countries are preparing for WW3. Or economic crash. Check the condition of venezuela now. They are beta testing lots of places and different ideas. Such as beta testing taunami warnings on mobile in hawai, tokyo etc saying it just a mistake.

And this time crash will be ao bad that all paper currency will lose its value.

Bitcoin like money will be in place in 2030 vision. And only gold will be there.

During times of war or inflation only GOLD n silver retain its value. Nothing else is sellable, not even property unless we know after some months things will go back so we barter property for something but this big crash will be so bad.

“Malhama” word is in Quran. That mushroom cloud. Only nuclear bomb can make this cloud. And malhama has yet to come. Day of grief for ummah.

So keep gold in some amount or percentage please.

Rest this is far fetched. But will definitely come in our lifetime and soon.

[dakoon]

Brother pound ya euro ki value aajkal ziada barh rahi ha .dollar ki nisbat.let me show you images .

import.s3.amazonaws.com/original/4X/3/6/4/3647528e9968dbdae8007f2c820570abb963556a.png" width="666" height="500">

[Panther]

Fine. I will buy gold and US$ since I have dollar FC account. Don't want to keep cash in hand.
I hope there is going to be no freezing of FC account again.

[Panther]

Today morning I was supposed to buy around 5K dollars and gold but $went up and I decided to hold on for couple of days till market rate stabilizes a little. Gold also moved up but still I picked up a 10 tola brick.

[salmanshah1]

10 tola brick of which company?
Rate? Your city?

[Panther]

Credit suisse. 10 Tolas
Rs 600,000/-
Rwp/Isb