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Historic Decline In Value Of Rupees

Historic Decline In Value Of Rupees

KARACHI (Monitoring Desk) reverted US dollar again. The first time in International history, the dollar got Rs 125.50 in comparison to the rupee. The value of the dollar as compared to rupees has seen a sudden rise of Rs 4.After which the price of the dollar in Inter Bank came at Rs 125.50.

The sudden increase in the value of the dollar and other key foreign currencies at the Inter Bank level is a major crisis in the open market. It is clear that the increase in dollar value has also increased the burden of the debt on the country.\

From December 2017, the value of the dollar has increased by 20 rupees, which will increase the sum in the domestic debt of Rs.18 billions.

Ahmad Khan has been a film producer, private investigator, reporter, teacher, and screenwriter. Graphics Designer And Web Developer | CEO At Next Tech

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