Pak Rupees going down
The economy of Pakistan is taking a huge dip. With endless taxes on the residents of the country and very high loans that have to be returned. Under all this the common man and Pakistani Rupee are both taking a serious dip!
The rupee has plunged more then 20% in the past year, making it the worst performer amongst the thirteen currencies in the Asian region. Yes our currency is currently the lowest rated in Asia (no doubt we are piled under unlimited bills and taxes)
Pakistan rupee has depreciated 29% in the month of May alone (I can’t imagine how much loss many business men must have sustained) The currencies of Afghanistan, Bangladesh and Nepal are far more stable in comparison to Pakistan. One dollar exchange rate with some Asian countries is as follows: Afghanis 79, Indian rupee 70, Nepalese Rupee 113,Takka 84 and Thai That is 32. Whereas Pakistani Rupee is predicted to go down to 175 by the end of 2019.