{"id":4082,"date":"2022-09-21T17:32:24","date_gmt":"2022-09-21T17:32:24","guid":{"rendered":"https:\/\/gulftimes.ae\/one-us-dollar-is-240-pakistani-rupees-petrol-is-237-rupees-per-liter\/"},"modified":"2022-09-21T17:32:24","modified_gmt":"2022-09-21T17:32:24","slug":"one-us-dollar-is-240-pakistani-rupees-petrol-is-237-rupees-per-liter","status":"publish","type":"post","link":"https:\/\/gulftimes.ae\/?p=4082","title":{"rendered":"One US dollar is 240 Pakistani rupees, petrol is 237 rupees per liter"},"content":{"rendered":"


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Islamabad<\/h3>\n

After Sri Lanka in South Asia, the economic condition of Pakistan is also deteriorating. Due to debt and political instability, Pakistan\u2019s economy has been further devastated by the severe floods. The latest report of ADB (Asian Development Bank) suggests that the pace of the Pakistani economy may slow down by 3.5 per cent in the coming financial year. Inflation is expected to rise to 18 per cent.<\/p>\n

The Pakistani rupee fell against the dollar<\/h2>\n

The value of the rupee is continuously falling in the Pakistani economy, which is facing many challenges on the economic front. On Wednesday, the Pakistani rupee slipped to Rs 240 per dollar. The Express Tribune described it as the lowest level ever. The rupee was Rs 214.60 per dollar on August 1, 2022. In the last 14 working days, it has fallen by about 12 per cent. On July 28, when the rupee reached 239.94 against the dollar, it was said to be the lowest level.<\/p>\n

Petrol Rs 237 per liter<\/p>\n

In another blow to inflation-hit Pakistani citizens, the Shahbaz Sharif government on Wednesday increased the price of petrol by Rs 1.45 per litre. In this way, now petrol has increased from \u20b9 235.98 per litre to \u20b9 237.43 per litre. The government says that the increase in the prices of petroleum products is due to the volatility in oil prices globally.<\/p>\n