Dollar Rate Increases Worldwide-What is reason behind this

Dollar Rate Increases Worldwide:

We know that dollar rate increase day by day. Dollar plays very important role in the life of workers. Because worker can earn money online in the form of dollar.

If dollar price increases than all the things that import in other country that prices will increases it will affect the economy of the country.

If the economy of the country will affected than it will affect all the things that import or export. Today 30-july-2022 is 250RS, 79inr, 0.98euro etc.

The rate increased day by day because America is the super power in worldwide and the economy of the countries are down because of the dollar rate increased and Gold rate is also increased.

It will also affect the crypto currency because those people that are going to buy bit coin by the increasing of bit coin price it will not be able to buy it. So it will not gain profit by selling the coins.

Dollar Rate in Pakistan:

$ is increased in Pakistan day by day because of the Pakistan weak economy Today 30-July the rate of $ is 250pkr. By the rate of $ increased the Everything that are import from other countries that are also increased. Pakistan will stop the import of luxury items. According to the Prime Minister of Pakistan (Shahbaz Sharif) he will improve the economy of his country.

But day by day rate of everything will increased. In the age of Prime Minister (Imran Khan) the $ rate are maintain and it price is 130 to 150Pkr. The poor people doesn’t buy luxury items because the rate of everything are out of budget. Dollar rate doesn’t decrease in Pakistan that tell us everything that are available in Pakistan price is not decreased. Pakistan improve their economy as soon as possible.

Dollar Rate in India:

Today the dollar rate in India is 79INR. Because of the weak economy of India but the economy of India is better than Pakistani currency because 1INR is equal 2.5Rs.The Gold rate in India is also increased. India will import and export anything from their country but Pakistan will banned import and export for less time.

India have good relation with America because in the war America helps India and India helps America. So this is the reason of good economy of India rather than Pakistan.

Dollar price in India is also increased day by day because of bad economy than America. The economy of America is in top in all over the world. The World Bank are available only in America that enables all the countries to print their currencies by the help of Gold.

Dollar Rate in Europe:

$ Rate in Europe is increased but it doesn’t affect the economy of Europe. Today price of $ in Europe is 0.98euro. Because of the strong economy of Europe. This country have also best economy the import and export begins to run and euro price in India and Pakistan is more than dollar.

The stock of gold in Europe is more by the exchange of gold with America Europe will be able to print their currencies.

The rule of printing the currencies is same in all over the world the rule is print currency by the exchange of gold with America.

Dollar Rate in Saudi Riyal:

$ Price is increased also in Saudi Arabia it affect the Saudi economy but not more than Pakistan and India. Saudi Arabia economy is good than Pakistan and India. Today rate of $ in Saudi Arabia is 3.76Saudi Riyal. Saudi Arabia have their own petroleum factories so it will help there.

It will export the petroleum and make more income than Pakistan and the stock of gold is also available in Saudi Arabia. Saudi Arabia exchange the gold with World Bank and print their Saudi Riyal currency. Because the Saudi Arabia have more stock of gold so Saudi Arabia doesn’t face more difficulties.

Dollar Rate in Dirham:

Dollar rate is also increased in Dubai it will also affect the economy of United Arab Emirates. The rate of $ in Dubai is same as Saudi Arabia. Today 30-july rate of $ in Dubai is 3.67 dirham that is same as Saudi Riyal so we can say that the economy of Dubai is same as Saudi Arabia.

Dubai have also more gold stock and petroleum factories Dubai have rich country because the economy of the Dubai is Good so this reason Pakistani and Indian people prefer to change his/her country because the rate everything is increased in Pakistan and India.

This is the reason job and business are more successful in Dubai. Dubai are rich country Burj-e-Khalifa are made in Dubai that are the tallest building in world. Dubai are also exchange his gold with World Bank and print currency in their country.

Conclusion:

So if you will read this article you will able to see that dollar rate in worldwide. By the increasing of $ it will also affect the crypto currency the people who save their Bit coins and Ethereum. So if the $ price is increases they will sell the coins and take profit and if the $ price is decrease they will face the loss.

The Economy of the country is make best by decreasing the rate of $. If the $ rate is decreasing the price of everything is decrease in India and Pakistan.

We will request to our country prime minister to fix the issues and decrease the dollar price that will help the poor people. The people will buy anything that he want by decreasing the price of $.

Government take action to decrease the price of the $ and tell about the poor peoples of Pakistan and India that doesn’t afford the budget to buy that things that he wants to buy but having the less budget he doesn’t buy there things.

Reference:

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