pakistan economic crisis, Pakistan Economic Crisis: Pakistani rupee trembling even in front of countries like Bangladesh and Nepal, destroyed like this – pakistani rupees value in one dollars lower than nepal currency know details

bad condition of pakistan currency

The condition of Pakistan’s currency is very bad. The condition of Pakistani currency is very bad. Pakistani Rupee has reached a low of Rs 230.93 against the dollar. The Pakistani rupee has depreciated by more than Rs 12 against the dollar in the last three months. In October last year, the Pakistani rupee was pegged at 217.79 against the dollar. Compared to the neighboring countries, the condition of Pakistan’s currency is worse than that of Nepal and Bangladesh. At present, the value of Pakistani rupee against 1 dollar is 217.79. The Sri Lankan Rupee is at 363.11, Nepalese Rupee at 130.34, Bangladeshi Taka at 103.34 and Indian Rupee at 81.62 against one dollar.

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containers stranded at ports

Thousands of containers are stranded at the ports of Pakistan, in which many essential goods are loaded. Pakistan is currently facing severe shortage of foreign exchange reserves. In view of this, many types of restrictions have been imposed on imports. Due to this, now the danger of unemployment has increased in Pakistan. Dollar reserves in Pakistan reached around $3 billion, which is the lowest since 1998. Due to the dollar crisis in Pakistan, many industries like steel, textile industry and pharmaceutical industry have almost stopped. Due to this thousands of factories have been locked. Due to this, a huge unemployment crisis has arisen in the country.