Gallery
PM Modi visit USA
Only the mirror in my washroom and phone gallery see the crazy me : Sara Khan
Karnataka rain fury: Photos of flooded streets, uprooted trees
Cannes 2022: Deepika Padukone stuns at the French Riviera in Sabyasachi outfit
Ranbir Kapoor And Alia Bhatt's Wedding Pics - Sealed With A Kiss
Oscars 2022: Every Academy Award Winner
Shane Warne (1969-2022): Australian cricket legend's life in pictures
Photos: What Russia's invasion of Ukraine looks like on the ground
Lata Mangeshkar (1929-2022): A pictorial tribute to the 'Nightingale of India'
PM Modi unveils 216-feet tall Statue of Equality in Hyderabad (PHOTOS)
Freya Deshmane riding on Reinroe Adare Acrobat claimed the top spot and clinched the gold
- Salah sets Premier League record in Liverpool's draw at Newcastle
- India Open Competition in Shotgun begins in Jaipur, paving way for Nationals' qualification
- Hockey India names Amir Ali-led 20-man team for Junior Asia Cup
- Harmanpreet Singh named FIH Player of the Year, PR Sreejesh gets best goalkeeper award
- World Boxing medallist Gaurav Bidhuri to flag off 'Delhi Against Drugs' movement on Nov 17
One of the highest devaluations of Pakistan currency in Imran Khan's tenure Last Updated : 08 Dec 2021 10:02:34 AM IST 
The value of the Pakistani rupee has fallen by 30.5 per cent against the US dollar over the last three years and four months under the Imran Khan-led government of Pakistan Tehreek-e-Insaf (PTI).
The rupee witnessed massive depreciation from Rs 123 against the US dollar in August 2018 to Rs 177 against the US dollar in December 2021, a decline of 30.5 per cent over the last 40 months, The News reported.This makes it one of highest devaluations of the currency in the country's history. The only other higher devaluation occurred when Dhaka fell and Pakistan's currency was devalued by 58 per cent from Rs 4.60 to Rs 11.10 against the US dollar in 1971-72, the report said.Experts say this massive devaluation of currency under the PTI government fuelled inflationary pressures, adding that two major factors contributed to the price hike.First, the prices of food and commodities as well as fuel prices skyrocketed in the international market, and second, the depreciation of the exchange rate by 30.5 per cent also led to higher inflation.An analysis of regional currencies versus the US dollar shows that the Pakistani currency experienced massive depreciation compared to others, the report said.The Indian rupee stood at 75.39 against a US dollar. The Indian rupee stood at Rs 70.09 against the US dollar in 2018, Rs 73.66 in December 2019, Rs 74.53 in March 2020 and Rs 74.57 in April 2021.In the case of Bangladesh, the Bangladeshi Taka stood at 85.76 against the US dollar and it hovered around 84 to 85.9 on an average over the last two years.Meanwhile, the Pakistani rupee continued to fall in value and stood at Rs 177 against a US dollar in December 2021. It depreciated sharply from Rs 123 to Rs 177 against a dollar over the last three years and four months.IANS New Delhi For Latest Updates Please-
Join us on
Follow us on
What binds the two most talked about nations - India and Pakistan together? What makes the
Kapil Sharma, the renowned stand-up comedian, television host, and actor, was honoured wit
LG Electronics Inc said on Wednesday that it will introduce new C with its artificial inte
172.31.16.186
