Pakistani Rupee Crashes to Rs 142 Against US Dollar


Pakistani Rupee Crashes to Rs 142 Against US Dollar

Another big news is hitting in the market now. As the dollar rates in Pakistan are going to high for up to 142rupess. This sudden increment can make a huge impact on the economy of Pakistan.

However, earlier the dollar rates would be around 134, but now in today news, the rates are increase for up to 142 pkr. This sudden increment can surely affected badly to the Pakistan’s foreign debt also.

Also, we have also assumed that this reduction in the value of rupees can make many huge changes which affect externally and internally to Pakistan’s debt.

Therefore, an economic expert Mr. Muhammad Sohail said in a live show on TV channel that surely in up coming weeks, the value of rupee could definitely slump to further low as around 150 pkr.

Read More : Smart Phones Price May Rise Due to Rise in Dollar Rate

Moreover, to this, other experts also throw their point of views that the current weakness in the value of rupee might be happen because that Pakistan still haven’t obtain a bailout package from the IMF as because of their strict conditions.

Although, Mr. Asad Umar, the finance Minister of Pakistan also said that Pakistan doesn’t IMF loan as because the country crises has already cut it half down, so Pakistan don’t feel to get aproach to IMF loan.

However, according to our sources, this increment in dollar rates happened second time in just 7 days. As earlier, in November 23, the dollar rates would be around 134 pkr and now November 30, dollar rates are going up to 142 pkr.

Read Next : Baseus, One of World’s Leading Smart Phone Accessory Brand to be Officially Available in Pakistan

The post Pakistani Rupee Crashes to Rs 142 Against US Dollar appeared first on Hateem Tech News.

via http://news.hateem.pk/ Source: https://ift.tt/2E5eWcC

Comments

Post a Comment

Popular posts from this blog

HONOR V20 SPOTTED ON GEEKBENCH & ANTUTU WITH KIRIN 980 & 8GB RAM

Image
HONOR V20 SPOTTED ON GEEKBENCH & ANTUTU WITH KIRIN 980 & 8GB RAM Honor is set to release its flagship cell phone, the Honor V20, on December 26th. The internet, of course, is awash with teasers, leaked files and listings on benchmark browsers, giving us a rather specific glimpse of how exactly the tool is shaping as much as it is, before its release. Read More:  Vivo 1816 (Vivo Y91i) with 2GB RAM, Helio P22 SoC visits Geekbench Now, a gaggle of teasers shared through Honor’s professional Weibo handle has revealed that some of the top capabilities of a completely stunning imaging setup could be the excessive slow-motion mode, which statistics at 960fps. Geekbench Listing of Honor V20: Further reports bring up a Geekbench listing of a Huawei phone, codenamed ‘PCT-AL10’, confirmed that the Honor V20 will indeed be powered by using the Chinese massive’s in-residence flagship chipset, the HiSilicon Kirin 980 SoC. Honor V20 Huge Capacity RAM and Specifications: This w...
Read more

Vivo is planning to launch 5G smarphones by 2020

Image
Vivo Plans to Release Commercial 5G Smartphone by 2020 Finally, the big news has arrived. VIVO and China Mobile have announced of their partnership making all the smartphone lovers excited. The main aim of the partnership is to focus on the acceleration of the production of latest 5G devices. The merger will also focus on the launching of trial versions of 5G pre-commercial devices. It will also try to release suitable accessories and tools for the upcoming 5G devices. According to company’s executives The “China Mobile 5G Device Forerunner Initiative” drove by China Mobile unites more than 20 of the business’ most persuasive and skilled chipset producers, segment makers and end-arrangement suppliers, shaping a solid industry biological community for 5G advancement. Vivo diagrams 5G gadget commercialization “For Vivo, 5G is both an opportunity and a test as innovation changes raise all the more quickly so the pace of market change is speedier than any time in recent memory. ...
Read more

Meizu E3 smartphone launches in China

Image
Meizu E3 smartphone launches in China (Snapdragon 636 and 6GB RAM) Mid-variety chinese language telephones are persevering with to punch above their charge magnificence. The ultra-modern access is the Meizu E3, a cellphone with a 6 inch, 2160 x 1080 pixel show, a Qualcomm Snapdragon 636 octa-core processor, and 6GB of RAM. Meizu E3 smartphone Price in china The cellphone was unveiled in China today, and a model with 64GB of storage will promote for about $285 in that u . s . a ., at the same time as a 128GB version is priced at about $315. The phone also sports activities a dual camera machine that pairs a 12MP Sony IMX362 photograph sensor and a 20MP IMX350 camera with a telephoto lens for zoom photos or portrait-fashion images with a blurred heritage. Meizu also geared up the phone with an 8MP front-going through digital camera, a three,300 mAh battery with 20W speedy charging abilties, and a fingerprint reader located on the facet of the smartphone to allow for a narrow bott...
Read more