time will tell whether the BRICS currency will become a threat to the US dollar.
The manager of a private bank in Karachi told Ejaz News that the value of the dollar is also increasing in the inter-bank market.
Financing will be an issue after the program expires in June 2023 in a tough economic and political environment.
European Euro: The European Euro is the second most stable currency in the world after the dollar.
Meanwhile, the US dollar has reached new highs against the rupee, reaching Rs 194 at the start of the business week, with analysts expressing concern over the country’s rising import bill.
According to people associated with the currency exchange market, the dollar remained at an all-time high in the interbank market during trading on May 11.
If the rupee continues to depreciate and the dollar continues to fluctuate,