Good going.

Signs of powerful economy of powerful nuclear power.

Great export opportunity

Oil export will get costlier adding to inflation in common house hold articals, starting from food items to kids school fees(mind you school bus transportation get costlier), simple arthmatics from a common man across the boder.

The way dollar is rising in pakistan from 105 to 119 and crude oil prices rose from 30$ to 70$, and with only 16 billion dollars of foreign exchange left, days are not far when pakistan will file for bankruptcy .

Dollar is not all-time high. Rupee is all time low.

Interesting times to come

To link property purchase with source of income won't work long. It is not only damaging the property market but also effecting the overall economy of the country, as devaluation of rupee is reflecting this situation. It is better for government not to impose unrealistic conditions on real-estate sector.

Wow! Whoever thought of such a silly idea of devaluation needs to understand that this is only a short term solution. When will Pakistani leadership start being foresighted?

"particularly after the government barred property deals without accompanying disclosure on source of income" -- Well that's a good step.

Sir, It is very pathetic situation, Great alert needed. Hope Pakistan will overcome it

@Gaurav countries may go bankrupt but i dont think they can file for Bankruptcy.It is possible that they will have to let go of real estate promised against loans and in this case we all know who is going to take over Pakistan.

Prices for everyday items about to sky rocket

@Gaurav They are already bankrupt. Only civil war is yet to be declared officially.

It will touch 125.00 by elections in 2018

While the value of the U.S. dollar is depreciating against other major currencies like Euro and Pound Sterling, it is appreciating against the Pakistani Ruppee. Why? Ask the "movers and shakers" in Islamabad led by the two corrupt bald brothers and their cunning and crooked cronies.

SBP do not have US$ and they cannot support the local market. Surely, US$ should rise a stabilize at Rs.120 to 1US$; FIXED IT. Being an overseas worker I am very happy over devaluation of rupees as now for US$ sent by my Company will get more PAK RUPEES; ALHAMDOLILLAH.

Gaurav This is the sign of strong economy. Gaurav foreign reserves of pak not 16 billion dollars only 11 billion left. and this may only for 3 month after repaymwnt of loan this may 000.

Till we don't start thinking what's in the interest of the 180mn very poor, this nation will not succeed. The remaining 25mn will suck it dry through selfish policies. If I were Pakistans enemy I'd just sit, watch and laugh at this classic case of self destruction due to corruption and selfishness​.

What happened to CPEC, the supposedly "game changer"

wonderfull job

@ds countries do not go bankrupt, only their poor population suffers.

Gamechanger CPEC delivering fruits!

@Manoj KSA, USA and China will step in to help.

@Anwar Qureshi , Brother I am really amazed to read your comment,don't be so selfish

One Indian rupee is equal to two Pakistani rupees.

Overseas worker of Pakistan will be happy over the devaluation of Rupees against US$. But what about the future of Country?? Any suggestion from anybody else ???

The currency has to find its own place.

Best PMLN economy.

1 Bangladesh Taka (BDT) = 1.40 Pakistan Rupee (PKR).

@Gaurav Why so much hatred on Pakistani economy

@ds well said bro

I would suggest my fellow Indians that we should not gloat over Pakistan's problems. An unstable Pakistan is even more dangerous to us. A stable, progressive Pakistan, whose youth are busy studying and in good jobs will be a much better neighbor for us. Time for us to bury the hatchet and prosper together. then we will not need likes of China and USA to that extent.

Finally some good news. Another Rs 7/- to go for stability. Then our exports will be competitive. We may achieve our target. This will also help us reduce imports and cut our trade deficit to manageable level.

This is democracy of Nawaz and Zardari for you. Go vote of PPPZ and PMLN enjoy!

@Anwar Qureshi - What about the drop in purchasing power and rise in consumer goods prices due to currency devaluation which could offset the increase in the transfer of Pakistani rupees for people such as your category who send in the dollars to their family back home? This devaluation could help people in your category only if the exports of Pakistan were to rise due to devaluation but that unfortunately does not look to be happening on the cards. This devaluation is being done only for the purpose of benefit to the lenders to Pakistan & Pakistan has no choice because it needs funds to repay the interest on existing loans. The cost of imported goods could rise astronomically if the balance of payments were to continue to increase leading to more hardships to your family members back home than before despite devaluation. So, my dear brother, devaluation should not be a reason to rejoice for people in your category. It is not a good sign for any person who loves his/her country given the existing scenario.

@seeker A stable and prosperous pakistan has not exactly been good for india either. Let's see whatever happens will happen. India will be prepared for all scenarios.

Export is very less. Import is about 90%. So take care of your economy.

CPEC hasn't even started yet. When China begins dumping goods in Pakistan, dollar will become even more dear, and PKR even weaker.