January 16, 2019

Dollar down to PKR 76.25?

Mixed reactions rolled out on late Tuesday night when netizens discovered that United States Dollar (USD) had "fallen to Pakistan Rupee (PKR) 76.25", as shown by all major search engines, including Go

News Desk

News Desk

January 16, 2019

Dollar down to PKR 76.25?

Mixed reactions rolled out on late Tuesday night when netizens discovered that United States Dollar (USD) had “fallen to Pakistan Rupee (PKR) 76.25”, as shown by all major search engines, including Google and Bing.

With panic spreading among some people and others celebrating the dollar depreciation, Pakistan Today went the extra mile to discover that the dollar fall was but a bug in the systems of Morningstar – a financial services company from which all major search engines seek their exchange rate data.

The same was confirmed by other exchange rate providers like Bloomberg and XE, which showed the dollar rate at an unaffected Rs139.38, as recorded earlier in the day.

While the search engines have not yet reacted to the bug, here’s what Twitterati have to say about the dollar rate fiasco.

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