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YouTuber Ducky Bhai loses Rs40m in cryptocurrency 

05:38 PM | 14 Apr, 2024
YouTuber Ducky Bhai loses Rs40m in cryptocurrency 

Famous Pakistani YouTuber Ducky Bhai has suffered major financial setback in the cryptocurrency investment.

Experiencing a loss surpassing $146,000 within merely 30 days, equivalent to over four crore rupees, highlights the significant magnitude of the downturn.

The stark contrast between Ducky Bhai's previous confidence in his investment portfolio, hinted at on March 9, and the subsequent loss vividly portrays the erratic nature of cryptocurrency markets. 

While some investors may have been influenced by Ducky Bhai's optimism, this downturn underscores the critical importance of comprehending the risks inherent in such investment ventures.

Cryptocurrency markets are notorious for their swift and unpredictable fluctuations, influenced by a myriad of factors including market sentiment, regulatory shifts, technological advancements, and macroeconomic trends. 

While these dynamics can yield substantial profits, they also expose investors to considerable losses, as evidenced by Ducky Bhai's experience.

Despite this setback, Ducky Bhai's followers are likely to remain intrigued and attentive to his future actions within the crypto realm. His journey navigating the highs and lows of cryptocurrency investment could serve as a valuable educational experience for his audience, offering insights into the challenges of maneuvering through such volatile markets.

Daily Pakistan Global Web Desk

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 22 May 2024

 Pakistani currency rates against US Dollar and other currencies on May 22, 2024 (Wednesday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 280.05 for selling.

Euro moved down to 297 for buying and 300 for selling while British Pound rate is 349 for buying, and 352.5 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 22 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 277.15 277.15
Euro EUR 297 300
UK Pound Sterling GBP 349 352.5
U.A.E Dirham AED 75.2 75.95
Saudi Riyal SAR 73.45 74.2
Australian Dollar AUD 183 184.8
Bahrain Dinar BHD 740.34 748.34
Canadian Dollar CAD 203 205
China Yuan CNY 38.51 38.91
Danish Krone DKK 40.52 40.92
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 903.3 912.3
Malaysian Ringgit MYR 59.34 59.94
New Zealand Dollar NZD 170.11 172.11
Norwegians Krone NOK 25.92 26.22
Omani Riyal OMR 723.13 731.13
Qatari Riyal QAR 76.42 77.12
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.98 26.28
Swiss Franc CHF 305.97 308.47
Thai Bhat THB 7.67 7.82

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