The US dollars continues to shed its worth against the Pakistani rupee. After whopping increase in the value of US dollars, the PTI led federal government has been slammed alot. But now Pakistani rupee has finally begun to show positive trend against the US dollar.
The US dollar has come down to it’s lowest price in the market for the last four months. As per forex association the dollar further shed 13 paisas on Thursday.
The dollar was trading at 155.88 at the end of the day.
The decrease in the value of the dollar has resulted in the reduction of foreign loans worth 800 billion rupees.
This is indeed a good news for the struggling Pakistani economy which has been through it’s worst phase for the past few months.
گزشتہ 4 ماہ کے دوران انٹربینک میں ڈالر کی قدر میں مجموعی طور پر 8.37 روپے کی کمی واقع ہوئی ہے
ڈالر سستا ہونے سے قرضوں کے بوجھ میں 800 ارب روپے کی کمی واقع ہوگئی ہے،
— Senior Analyst ™ (@TruthNdTruth) October 17, 2019