US dollar hits 190 thresholds | OyeYeah News
US dollar hits the 190 thresholds, a new record against the Pakistan rupee on Wednesday.
The US dollar is being traded at Rs190 for the first time in history in the interbank trading of Pakistan.
On Wednesday the US dollar rose by Rs 1.34 during the business in the interbank, surpassing Tuesday’s record low of Rs188.66.
Finance experts regard this downfall of local currency due to two main reasons.
First, due to uncertainty regarding the revival of the IMF loan programme.
And secondly, due to the depleting foreign exchange reserves.
Furthermore, an absence of direction from the government on significant economic policies and a roadmap as well as an unstable political situation in the country, has led to an upward trend in the US dollar rate.
Haier is back with fabulous ‘AZADI SALE’ deals & discounts to amplify the celebrations of…
Zindagi has played a significant role in redefining content with shows and talent from across…
Junaid Khan will be blessing our screens this 14th of August with an Independence Day…
PTI chairman Imran Khan has submitted his nomination papers for nine constituencies for the by-elections.…
Author Salman Rushdie is reported to be put on a ventilator after being stabbed in…
At least eight people are reported to be killed in the fresh spell of heavy…
