In the coming months, the value of Pakistani rupees will be lesser
Karachi … News Time
Economic experts have said that the value of Pakistani rupees will be lesser in the coming months, a $ 140 and Emirates will be up to 38.19 rupees. According to Arab media, Orient Exchange CEO Rajiv Raipancholia has shown a decrease of 10 to 15 percent in the value of Pakistani rupees in the financial year 2018-19. Because the Pakistani bank is taking a loan from US to China so that the IMF loan could be paid, he said that increase of FED interstate rate is affecting dollar circulation like other Asian countries, the rate and inflation of interest in Pakistan is also affecting the economy, So, it is likely that one dollar 140 and Emirates Darham reaches Rs.18.16 billion for 2020. On the other hand, according to global rating agency Moody’s, it is expected to reach one dollar in 2019 and Emirates Darham 34.1 Pakistani rupees, Moody’s says the State Bank will reduce the value of rupees to reduce imports demand.
