The rupee is falling day by day. On Monday, it fell to the level of 80 for the first time against the dollar. However, in the end, it closed at 79.98 with a fall of 16 paise.

Why Rupee is falling, how will it affect you?

The Pakistani rupee has been falling against the US dollar in the interbank currency market for months. This downward trend is a source of concern for the Imran Khan government because it indicates the country is facing a deeper economic problem, according to local media.

Plummeting value: Pakistani Rupee, Turkish Lira, and Iran's Rial all face depreciation against USD

The Turkish currency lira hai weakened to an all-time low against the USD. 1$ is approximately 10 Lira. The depreciation of the Turkish Lira hai gained pace over the last 2 months due to the monetary policy of Turkey's central bank.

Turkey: Lira depreciation gained pace in last 2 months