Will Rupee Devalue Further? Economic roller coaster

[umairjamil6]

Those funds dont really yield a lot. The best business in Pakistan is unfortunately buying and selling land. I hate this system but its the truth and my hate wont change it. They offer the highest return while you do virtually nothing

[abdulmoueedharoon]

I am looking too. I want to save my hard-earned cash from depreciation. Can anyone suggest a good place to buy gold in lahore: ?

[malik.com1]

Well the best business in pakistan is

different for every person. For some it is keeping goats for selling at eid, for some it is buying and selling shares, for a few it is about scamming people, for a lot of people it is selling shwarma or fries by the road side.

In this thread i am surprised that people made predictions of rupees /usd reaching 190 by end of 2020. well the truth is that USA is printing dollars as fast as our govt. is printing the rupees. what happened in 2008 crash? they injected cash to save the bankrupt banks. now they are doing the same. so i don't believe dollar will rise above 160 any time soon. (unless our corrupt people sell out pakistan to the imf)

imf crashed the turkey currency and pkr, just because we are a weak country "qibla he ghalat hy" most people here don't really understand the technicals of finance world.

this guy has summarized the whole secret game in a very short 20 min video, must watch https://www.youtube.com/watch?v=2qTOWuL7Zco

[uzeemujeeb]

with some savings in February 2021 I have invested in Lamb & Cows for eid ulazha as target with my family in sahiwal.

also approx put up 500,000 during ramzan ul-mubarak with a local area farmer in " Bakras " of sindh for sale in area called " DAUR " which is largest cattle wholesale market of SINDH in Nawabshah. profit yield after expense is expected to be approx 50%.

[mgalaxy3]

with some savings in February 2021 I have invested in Lamb & Cows for eid ulazha as target with my family in sahiwal.

also approx put up 500,000 during ramzan ul-mubarak with a local area farmer in " Bakras " of sindh for sale in area called " DAUR " which is largest cattle wholesale market of SINDH in Nawabshah. profit yield after expense is expected to be approx 50%.

wow, sounds really good. I guess to put money in this segment, one needs to have contacts with farmers / people raising goats etc.?

Any ideas what to keep in mind when investing in this business.

[uzeemujeeb]

Any ideas what to keep in mind when investing in this business.

sir the only thing which i checked is experience in business and expertise to manage herds of animal, the local guy (in sindh) for such business. He is into it since age of 16 now 38. Area VET Dr. Kumar endorsed for his skills into business and his practices for medical care to animals.

[uzeemujeeb]

gold has dropped Rs.5000 per 10 grams in since 14.06.2021 Monday. what is that magic?

[HellsGuardian]

Many things affect gold, when crypto goes down, investors take out their money and move to gold. It also varies with USD and lastly covid. As things with corona settle down, we will see gold coming back to normal.

[mgalaxy3]

everyones moving to crypto i guess.

[malik.com1]

Gold is having a correction, anytime it goes up too fast, it will consolidate for a little while before continuing its journey further up. Its an opportunity to buy for the long term investor and playtime for the short term speculators.

[malik.com1]

Well it sounds like you are sitting in india. Only people on that side use this kind of commentary. Since india got really smashed by Almighty God in the last few months the world sees Pakistan as a successful state. When usa got their ass kicked in the Afghan war, the world saw Pakistan as a successful state. When the IMF crashed many countries economy while pretending to helping them, the IMF sees Pakistan as a successful state along with all those weak countries who have failed to grow under such a huge debt burden.

[Xulfiqar]

Can you share what you are drinking?

[heterodoxdesi]

hahahahah hilarious.

[capsat]

at day closure it was Rs 161.00 to US$ 1.00
July 19 2021

[HellsGuardian]

quite a big dip today

[capsat]

highly unlikely to drop in next few weeks. Gold & oil are in upward trend as well.

[salmanshah1]

USD 162.30 on 23rd yesterday

[Nabs]

USD 162.30 on 23rd yesterday

163.5 interbank rate today.

[capsat]

keep check on fuel prices as well. fortnightly revision will remain enforced, expect hike upto 125 by Sept 30.

[Massive_One]

unless the govt. will stop this "free flow" of dollar, this will keep happening, very bad for businesses as nothing is certain about prices : (
instead of letting the market decide, govt. should intervene and come up with a plan to control this free flow dollar flight before it's too late.
pata nahi PTI ki kiya soch hai?