According to the data, during the first trading day of the week, the US dollar depreciated by 65 paise against the rupee in the interbank market.
In the interbank market, the US dollar rose from 192.53 paise to 194.18 paise against the rupee.
When the PML-N-led coalition government came to power on April 11 last month, the dollar was valued at Rs 182.3 against the rupee. I saw an increase of Rs. 1500.
One of the reasons for the rupee’s depreciation is the uncontrolled rise in import bills linked to lower exports, which reflects the trade deficit, with the country’s trade deficit reaching 39 39 billion from July-April The supply of fuel and energy subsidies and delays in the IMF loan program are also causing the rupee to depreciate
