As soon as the dollar became expensive, all the records of the increase in the price of the Saudi Riyal were also broken.
As soon as the dollar became expensive:
In the domestic currency market, the price of the Saudi currency went above the level of 63 rupees 64 paise. According to the details, during the last 3 and a half months in the domestic currency market.
Where all the records of the increase in the value of the dollar were broke. There was also a significant increase in the prices of other foreign currencies.
It has been reporte that the price of Saudi Riyal has increase by 20%. In the currency market of Pakistan during a few months the Saudi Riyal.
Which used to sell for as low as Rs.50 a few months ago. Is now selling for more than Rs.63 in the market. It should be note that the price of the dollar in the interbank market has reached the level of 239 rupees 37 paise.
While the dollar business continues. During this month, not only the value of the Pakistani rupee experienced a historic decline, but the foreign exchange reserves also continued to decline.
While according to the July 7 report of the State Bank, the foreign exchange reserves of the country were 15 billion 61 million dollars, while according to the report, during this period.
The official foreign exchange reserves decreased from the level of 9 billion 71 million dollars. The dollar reached the level of 8 billion 57 billion dollars. Additional additions have been made.
According to the report of Dunya News, the federal government of Muslim League-N and its allies not only broke all the records of increasing the value of the dollar in just 3 and a half months.
But due to the decrease in the price, the debt of rupees in 3 and a half months. The volume also increased by thousands of billions of rupees.
