Pakistani Rupee hits historic low against INR

[Quibbler]

Pakistan’s currency plunged as much as 5 per cent on Friday in what traders suspect was a devaluation of the currency amid rescue talks with the IMF. The currency traded as weak as 141 rupees to the US dollar, from Thursday’s closing level of 133.9, according to Refinitiv data.
https://www.ft.com/content/2bf2e10c-f474-11e8-9623-d7f9881e729f

Meanwhile INR is trading at 69.9 for Dollar. INR/PKR ratio is now over 2, above the historic high of 1.95 in 2011. Both the nations started with the same valued rupee in 1947.

 

[Chanakyaa]

INR is in the most stable region now.

 

[Areesh]

Mubarak ho

Hath chalanai ka saman ho gaya

 

[ThinkLogically]

Where is that tomato farmer @BHarwana

 

[Nilu Pule]

This is deliberate move to boost exports.