What is behind the weakening of PakistanI Rupee against US dollar?

What is behind the weakening of PakistanI Rupee against US dollar?

The weakening of Pakistan currency is shattering country’s economicstanding as it’s fueling inflation and prices of all items are goingthrough the roof.

Experts believe that our ballooning import bill and trade and currentaccount deficit are reasons behind the depreciation of Pakistani currencywhich are rendering it spineless.

They also opine that the uncertain political situation prevailing in thecountry is one of the main reason for the mounting pressure on the Pakistanrupee link.

They feared a negative impact of Pakistan currency’s depreciation on oureconomy.

According to economic experts, the US linklink has gained over six rupees in valueduring the last four weeks.