Pakistani rupee could drop to Ruppee 340 against us dollar by 2040

 The Pakistani Rupee (PKR) is expected to fall against the US dollar in the coming months, according to analysts. Trading Economics predicts that by the end of September 2023, the PKR will be trading at 293.52 against the USD, and it may even be trading at 317.29 against the USD by June 2024.

The Service of Energy (Power Division) additionally predicts the PKR to reach 325 against the USD toward the monetary year's end. According to Bank of America (BoFA) Securities, the rupee could fall as low as 340 against the dollar by June 2024, indicating a more significant depreciation.

 

Analysts anticipate that the Pakistani Rupee (PKR) will lose value in comparison to the US dollar in the coming months. Trading Economics predicts that the PKR will fall to 293.52 against the USD at the end of September 2023 and possibly even to 317.29 against the USD by June 2024.

 According to the Power Division of the Ministry of Energy, by the end of the fiscal year, the PKR is anticipated to reach 325 against the USD. By June 2024, Bank of America (BofA) Securities predicts that the rupee's value could fall by as much as 341 percent against the dollar.