Over the past few months, the rupee has lost its value against many currencies. Now, there is good news for people, rupee start gaining value against UAE Dirham and USD. Pakistan business market faces instability due to devaluation of rupee.
Currency exchange rates are affected by many factors including Inflation, Interest Rate, public debt, political stability, economic health, balance of trade, current account deficit and government intervention. Now, rupee gain value that’s a good sign for Pakistan economic growth.
The exchange rate on 6th September was 1 UAE Dirham = 84 Pakistan Rupee. Today’s exchange rate is 1 UAE Dirham = 79 Pakistan Rupee.
