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This year, not only the Pakistani rupee, other currencies also depreciated

The biggest drop in the value of foreign currencies was in the Russian ruble – Photo: File

This year, not only the Pakistani rupee but also the currencies of other countries have depreciated.

According to the data from December last year to September 2022, the British pound and the euro have also depreciated.

Among foreign currencies, the biggest depreciator was the Russian ruble, which lost 37 percent.

The value of the Turkish lira has decreased by 27%, the value of the Argentine peso has decreased by 28% and the value of the Pakistani rupee has decreased by 33%.

The Bangladeshi Taka depreciated by 18%, the British pound depreciated by 15.6%, the Euro by 12%, and the Thai currency, the baht, by 10%.

The value of the Chinese Yuan has decreased by 9% and the value of the Indian Rupee has also decreased by 7%.

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