Subscribe Us

The dollar depreciated in the interbank market

 The dollar depreciated in the interbank market


ISLAMABAD (Monitoring Desk) - The US dollar depreciated by 9 paise against the Pakistani rupee in the interbank market, after which the dollar fell below Rs 160 on the first day of the trading week. According to Forex dealers, The dollar is trading at Rs 159.90, down from Rs 159.99 on the interbank market. On the other hand, according to media reports, the dollar will be worthless in 2021. No one is paying attention to it yet. America at the moment

Many countries around the world, including Zimbabwe, are unwilling to withdraw money from their banks. The world market has plummeted and the debt of the United States is increasing. As its debt increases, its value will decrease and gradually its value will decrease by 97%, as a result of which its dominance over other currencies in the world may end forever. Economist Ferrero-Waldner said that everyone is unaware of what is going to happen in the mainstream of the economic market or in the United States because the US Federal Reserve has been declining for a long time and the debt burden on it is increasing. Many countries have begun to consider independent policies rather than traditional dependence on trade and other issues, and new economic powers emerging on the world map have also begun to slowly dig their heels in, causing the US dollar to plummet. There will be losses.

Post a Comment

0 Comments