A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'ID' of non-object
Filename: controllers/News.php
Line Number: 141
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 141
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'post_title' of non-object
Filename: controllers/News.php
Line Number: 144
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 144
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'post_title' of non-object
Filename: controllers/News.php
Line Number: 145
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 145
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'post_content' of non-object
Filename: controllers/News.php
Line Number: 146
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 146
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'post_content' of non-object
Filename: controllers/News.php
Line Number: 147
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 147
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'post_name' of non-object
Filename: controllers/News.php
Line Number: 157
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 157
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'post_title' of non-object
Filename: controllers/News.php
Line Number: 159
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 159
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'post_content' of non-object
Filename: controllers/News.php
Line Number: 160
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 160
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'post_date' of non-object
Filename: controllers/News.php
Line Number: 175
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 175
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'post_modified' of non-object
Filename: controllers/News.php
Line Number: 176
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 176
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'post_title' of non-object
Filename: controllers/News.php
Line Number: 196
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 196
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'post_name' of non-object
Filename: controllers/News.php
Line Number: 197
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 197
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'post_date' of non-object
Filename: controllers/News.php
Line Number: 201
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 201
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Trying to get property 'post_modified' of non-object
Filename: controllers/News.php
Line Number: 202
Backtrace:
File: /home3/cargotec/public_html/techin.pk/application/controllers/News.php
Line: 202
Function: _error_handler
File: /home3/cargotec/public_html/techin.pk/index.php
Line: 316
Function: require_once
Home/ News / Pakistani Rupee Holds Strong Today Against US Dollar, Trades Below Rs288
Pakistani Rupee Holds Strong Today Against US Dollar, Trades Below Rs288
Tanveer Khan
September 28 2023
News
The US dollar is becoming less valuable when compared to the Pakistani rupee. On Thursday, during the ongoing trading session, you could exchange one US dollar for 287.75 Pakistani rupees. This means the Pakistani rupee gained 1 rupee in value compared to the US dollar.
In the open market, you could get one US dollar for 288 rupees, and this represents an improvement of 2 rupees for the Pakistani currency.
The government in Pakistan has managed to stop the devaluation of the rupee. Before, the rupee had reached a record low of 307.10 in official banking and 333 in open market trading. This was causing problems in the country, like the high cost of living due to inflation, which was caused by increasing food prices and higher energy rates.
Recently, things have been getting better. The rupee has improved in both official and open market exchange rates. The government took action against those who were manipulating the market and smuggling dollars into Afghanistan from Pakistan.
The rupee's value has been going down since 2018, which caused problems like higher import costs, increased business expenses, more expensive living, and rising prices for food and fuel. All of these factors have contributed to inflation in the country.
In Pakistan, the currency market is moving differently from the global trend. This is because high-interest rates have led investors to prefer the "safe haven" of the US dollar.
This situation in Pakistan shows that the record decline in the value of the rupee was not a natural occurrence but was caused by market manipulation, like hoarding and smuggling of dollars. Thankfully, the government has taken steps to stop these actions, which were causing economic problems in the country.
Check Also
In August 2024, Pakistan is getting ready to introduce faster and better mobile phone connections …