Lahore, 5th October: The US dollar has begun to depreciate in its value.
Baaghi TV: The US dollar began depreciating sharply against the rupee across the country. The US currency lost 19 paise during the first trading day of the week.
According to the details, the US dollar has been depreciating against the rupee over the past two weeks.
From the last week of August to October 5, the rupee has depreciated by about Rs 4. As a result, billions of rupees in external debt have been reduced.
It is clear that in April 2019, the dollar took a big leap and came to 141 rupees 50 paise. A historic rise in its price to Rs 151 was seen.
In June, the dollar broke all records and reached an all-time high of Rs 164. In July 2019, the dollar stopped rising and after the reduction, it became Rs 160 in the interbank market and Rs 161 in the open market.
At the end of October 2019, the rupee appreciated further and the dollar depreciated to Rs 155.70. At the end of November 2019, the buying price of the dollar was 155.25 and the selling price was 155.65.
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