Pakistani Currency: Pakistani rupee is dying, now this much PKR is needed against 1 dollar - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News

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Friday, April 14, 2023

Pakistani Currency: Pakistani rupee is dying, now this much PKR is needed against 1 dollar


Pakistan Currency Value: The neighboring country Pakistan is currently facing all-round economic crisis. On the one hand, inflation has broken the record of 58 years, on the other hand, the foreign debt has increased to more than 100 billion dollars. His foreign exchange reserves are nominal, the dollars he currently has are deposited as security deposits.

The currency of Pakistan is losing its value every day in comparison to the dollar. If Pakistan's rupee is compared to US dollar, then 1 dollar (US Dollar) is equal to 287.88 rupees of Pakistan. Yes, apart from dollar, euro and British pound are also becoming heavy on Pakistani rupee. Pakistan's currency is not only falling in comparison to dollar, pound or euro, but now there are many countries in Asia too, in comparison to which Pakistan's currency has weakened. The Pakistani rupee has become breathless compared to the currency of Nepal, Afghanistan, Bhutan, Bangladesh, Iraq and China.

If Pakistani rupee is compared to Indian rupee, then 3.52 Pakistani rupees will have to be kept for 1 Indian rupee. That is, the Indian rupee is more than three times stronger than the Pakistani rupee. Economic experts say that ever since the economic crisis in Pakistan has deepened, the currency there is continuously going down the drain. Bhutan, which is counted among the poor countries of the world..Today its currency is also better than Pakistani currency. 1 Bhutanese Ngultrum is equal to 3.52 Pakistani Rupees.

The country which was formed out of Pakistan is also stronger than that!

Bangladesh, which became a new country after separating from Pakistan in the year 1971, is progressing more than Pakistan today. Bangladeshi currency is also in better condition than Pakistani currency. One taka of Bangladesh is equal to 2.71 Pakistani rupees. At the same time, Afghanistan, which has come under Taliban control since 2021, is also better than Pakistan in terms of currency strength. The value of one Afghan rupee is now equal to 3.31 Pakistani rupees.

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