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Did US dollar really drop to Rs186?

04:22 PM | 7 Jun, 2023
Did US dollar really drop to Rs186?

A technical error on Google Search late Tuesday night showed a sharp decrease in the value of the US dollar against the Pakistani rupee.

People were surprised and perplexed by the situation as the local currency had not recently seen a pronounced comeback.

But it soon became clear that the sharp drop in exchange rates was due to a problem with the website's search engine rather than any actual movement in the market.

The Pakistani rupee closed at 286.56 against the US dollar on June 6 (Tuesday) in the interbank market. Dollar was trading above Rs300 in the open market but on the website its rate dropped to Rs186.73 due to a technical glitch.

Once the glitch was fixed, the exchange rate was reset to Rs286.72.

This bug has already affected the biggest search engine in the world several times, each time causing users to notice a sharp decrease in the value of the dollar.

Daily Pakistan Global Web Desk

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Rupee exchange rate to US Dollar, Euro, Pound, Dirham, and Riyal - 18 April 2024

Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 18 April 2024

Currency Symbol Buying Selling
US Dollar USD 277.2 280.3
Euro EUR 293 296
UK Pound Sterling GBP 342.25  345.65 
U.A.E Dirham AED 75.25  75.95
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 739.63 747.63
Canadian Dollar CAD 201 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 40.45 40.85
Hong Kong Dollar HKD 35.57 35.92
Indian Rupee INR 3.32 3.43
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.26 912.91
Malaysian Ringgit MYR 58.24 59.52
New Zealand Dollar NZD 164.75 169.63
Norwegians Krone NOK 25.42 25.68
Omani Riyal OMR 722.1 730.1
Qatari Riyal QAR 76.37 77.05
Singapore Dollar SGD 206 208
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 307.11 309.61
Thai Bhat THB 7.56 7.76

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