Can BRICS Dethrone the US Dollar?
time will tell whether the BRICS currency will become a threat to the US dollar.
dollar
The dollar rose sharply, rising by Rs 10 in a single day
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.
Dollar is record expensive against Pakistani currency
Financing will be an issue after the program expires in June 2023 in a tough economic and political environment.
Dollar story in Pakistan
European Euro: The European Euro is the second most stable currency in the world after the dollar.
The stock market fell sharply, the dollar crossed the level of 194 rupees
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.
The Dollar rose against the Pakistani rupee by 191 rupees
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.
Uncontrolled inflation and high dollar
If the rupee continues to depreciate and the dollar continues to fluctuate,