Should We Buy Iranian Rials now

[Oracle]

Do you think its a good time to invest/ buy Irani currency as It is not even worth a penny now, but it will be one of emerging economies in 2016-17. After their 100billion dollar foreign reserves will open again.


I invested a small amount in Irani riyal yesterday and today
Yesterday ( before 11 am ) i bough 2,40,00000 ( 2 crore 40 lac ) Irani rial with 72,000 PKR ( 333 Riyal for 1 Rs PKR)
And today i bought 30000,000 (3 crore ) Irani rial with 114,000 PKR ( 263 Riyal per 1 Rs PKR)

But when i see forex it says 1 PKR is worth 287 Irani riyal ( which is another story)


Do you think we should buy irani currency and sell it when its economy will be stable. No doubt oil prices are going down and it will effect iran too. but a country coming out of sanctions can take full advantage of freedom . what do u think ?

 

[Pomegranate]

welll there are two ways .. first of all you should have invested them in the market which you mentioned the forex market .. and you could have just sold the Crude oil there as everyone knows that iran would supply more Crude oil in the market so the prices will go down to 20 barrels .... so you should have sold the Crude oil #CL.......... i am a trader for long long time .

 

[Lone Ranger]

Do you think its a good time to invest/ buy Irani currency as It is not even worth a penny now, but it will be one of emerging economies in 2016-17. After their 100billion dollar foreign reserves will open again.


I invested a small amount in Irani riyal yesterday and today
Yesterday ( before 11 am ) i bough 2,40,00000 ( 2 crore 40 lac ) Irani rial with 72,000 PKR ( 333 Riyal for 1 Rs PKR)
And today i bought 30000,000 (3 crore ) Irani rial with 114,000 PKR ( 263 Riyal per 1 Rs PKR)

But when i see forex it says 1 PKR is worth 287 Irani riyal ( which is another story)


Do you think we should buy irani currency and sell it when its economy will be stable. No doubt oil prices are going down and it will effect iran too. but a country coming out of sanctions can take full advantage of freedom . what do u think ?

ایران پر پابندیاں ختم ہونے سے” ایرانی ریال“ کو پر لگ گئے پاکستانی روپے کے مقابلے میں 25 فیصد مہنگا ہوگیا، مزید اضافہ ہو سکتا ہے، ماہرین معاشیات

 

[Oracle]

Xi Jinping, is set to visit Tehran next week, at which time economic deals could be announced.

 

[somebozo]

Do you think its a good time to invest/ buy Irani currency as It is not even worth a penny now, but it will be one of emerging economies in 2016-17. After their 100billion dollar foreign reserves will open again.


I invested a small amount in Irani riyal yesterday and today
Yesterday ( before 11 am ) i bough 2,40,00000 ( 2 crore 40 lac ) Irani rial with 72,000 PKR ( 333 Riyal for 1 Rs PKR)
And today i bought 30000,000 (3 crore ) Irani rial with 114,000 PKR ( 263 Riyal per 1 Rs PKR)

But when i see forex it says 1 PKR is worth 287 Irani riyal ( which is another story)


Do you think we should buy irani currency and sell it when its economy will be stable. No doubt oil prices are going down and it will effect iran too. but a country coming out of sanctions can take full advantage of freedom . what do u think ?

Many people bought Iraqi currency with same hopes and today they are licking their wounds...

 

[Oracle]

Many people bought Iraqi currency with same hopes and today they are licking their wounds...

Please explain

 

[Oracle]

after 6 months irani currency is no where improving by a single rupee .
i wonder what the hell is their govt doing to their economy

 

[AZADPAKISTAN2009]

Aek bomb phate ga , iran currency will come crumbling down

 

[SOHEIL]

after 6 months irani currency is no where improving by a single rupee .
i wonder what the hell is their govt doing to their economy

We are still under sanctions !

Please forget about investing on iranian currency !

 

[Imad.Khan]

We are still under sanctions !

Please forget about investing on iranian currency !

but the news was that the sanctions were removed.......has anything changed

 

[somebozo]

PKR vs GBP and USD vs IRR is a good investment right now...

 

[WebMaster]

after 6 months irani currency is no where improving by a single rupee .
i wonder what the hell is their govt doing to their economy

We are still under sanctions !

Please forget about investing on iranian currency !

You should have asked Iranian members before investing.

 

[Signalian]

I remember buying food with 50,000 IR currency note, just a small rice dish

The 500,000 IR Currency note was cool, especially when a colleague gave salami at a pakistani wedding with these notes, the relatives were over joyed...........................till they went to the money changer

 

[Oracle]

oh u iranis ...
i still has that amount ... its small investment but its been a year now .

 

[BATMAN]

oh u iranis ...
i still has that amount ... its small investment but its been a year now .

You earned 'SAWAB' more than that is not possible.. in foreseeable future.