PKR devaluing at 6% annually against USD

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Pakistani Rupee (PKR) has been devaluing since creation of Pakistan. In 60’s one USD was around Rs. 4.75. However today one USD is around Rs. 112. The increase in price of dollar is shown in following chart.

PKR USD Exhange Rates

It is observed that PKR is devaluing at around 6% annually against USD.

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