Pakistani rupees will be devalued to Rs.140 against the Dollar

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Pakistani rupees will be devalued to Rs.140 against the Dollar

Economist said that in upcoming month value of Rupees will be decreased. The price of American Dollar-USD against rupees will be reached up to Rs.140 and the price of UAE Dhiram reached up to Rs.38.19. according to Arab media CEO of Orient exchange has predicted that in rupee will be devalued 10% more in year 2018-19. Now Pakistan is taking more loan in form of dollars from China to pay the next installment of IMF. Increase in interest rate in Pakistan, become the cause to raise the inflation in Pakistan. So therefore dollar will be at Rs.140 and UAE Dirham will be at 38.16 in year 2018-19

Readmore: Taxpayers are increased by 40% in Punjab, Pakistan

 

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