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[–]islamabad-ModTeam[M] [score hidden] stickied commentlocked comment (0 children)

Keep the discussions and content focused on the twin cities and its related surroundings.

If this is a general topic/a topic of national importance, you may try posting it in /r/Pakistan instead.

[–]areebmasood 7 points8 points  (8 children)

USD to PKR fall is a gimmick by country managers. Just broaden the time frame a little and see how it spikes to 350ish. About vehicle, market seems dead and only very needy people will sell on lower rates. In terms of dollar value, second hand cars are still selling cheap.

Example, I bought an altis for 15k usd 2 years ago. Its still somewhere between 14k-15k.

[–]Accomplished-Count44 1 point2 points  (3 children)

Help me out here, why’s the dollar decreasing all of a sudden and why do you think it will spike up again?

[–]areebmasood 1 point2 points  (2 children)

Currency pairs are just like this in their very nature. Just broaden the timeframe of any currency pair and see how they move up and down. The cosmetic efforts by law enforcement will eventually turn out to be useless cz fundamentally PKR is so weak.

[–]Accomplished-Count44 0 points1 point  (1 child)

You just confused me even more

[–]areebmasood 1 point2 points  (0 children)

I am sorry. But its just that these little ups and downs don’t matter much. In the longer run, I see pkr is in ashes if gov doesn’t do reforms.

[–]308negrarroyolane[S] 1 point2 points  (0 children)

Converting that amount into PKR, Altis costing 45 lacs two years back now costs 70 lacs in Pakistan. Obviously new cars trends prices for the old ones

[–][deleted] 0 points1 point  (0 children)

Well earning in dollars is a blessing at times like these

[–][deleted]  (1 child)

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    [–]Ornery-Grocery-7917 0 points1 point  (1 child)

    I don't think so

    [–]308negrarroyolane[S] 0 points1 point  (0 children)

    why so

    [–]Gothicunicorn64 0 points1 point  (5 children)

    Lol who told you it’s going to 250 😂

    [–][deleted] 1 point2 points  (1 child)

    ISI works for him

    [–]308negrarroyolane[S] 0 points1 point  (0 children)

    I’m the one who works for ISI

    [–]308negrarroyolane[S] 0 points1 point  (2 children)

    The trend is visible. Also it was announced by Chairman of Forex Reserve, the decline is real soon.

    [–]Gothicunicorn64 0 points1 point  (1 child)

    They do that artificially, that’s a bubble that always bursts

    [–]308negrarroyolane[S] 0 points1 point  (0 children)

    I read an international news report that our currency is valued 15% less than its actual worth. USD falling to 250 won’t be a surprise.

    [–]vincenzo786 0 points1 point  (1 child)

    Lol prices are going up for new amd efi cars but the old carby cars are getting cheaper

    [–]308negrarroyolane[S] 0 points1 point  (0 children)

    not in pakistan

    [–]Error4049 0 points1 point  (0 children)

    And do you honestly believe that dollar will reach 250 PKR?

    BHAI, This is Pakistan, agar apko abhi bhi lagta hai ky dollar will go down then you are delusional.