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Google’s wrong dollar rate against PKR, leaves Pakistanis in frenzy

Pakistani currency has not magically appreciated in a day. There was a glitch!


Last night Dollar rate at Google’s online exchange rate converter experienced glitches. The abnormal swing in the currency value against Pakistani rupee left people in frenzy.

The dollar fall was due to a bug in the systems of Morningstar – a financial services company from which all major search engines seek their exchange rate data. The glitch has been fixed.

The data was proved incorrect by Bloomberg, which, on its portal, indicated that the values of the US dollar, euro, and the Emirati dirham in terms of the Pakistani rupee were Rs139.38, Rs159.04, Rs37.95, and Rs37.16, respectively.

The same was also confirmed by other exchange rate providers like XE, which showed the dollar rate at an unaffected Rs139.88, as recorded earlier in the day.

Before the search engines could have reached the bug, people went reacting to the dollar rate fiasco:

the authorSaman Siddiqui
Saman Siddiqui, A freelance journalist with a Master’s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.

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