Currency comparison: US Dollar vs India and Pakistan rupee – Which currency holds up better?
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The Indian rupee and Pakistani rupee have different levels of strength compared to the US dollar, with the Indian rupee being stronger. The difference is due to various factors, including economic stability, foreign investment, trade balance, and foreign debt.
The US dollar is the world's primary reserve currency. The Indian rupee and Pakistani rupee have different levels of strength compared to the US dollar. The Pakistani rupee is weaker, with 1$ equal to around 280-300 Pakistani rupees. This makes imports more expensive, leading to higher inflation. India's currency is stronger, with 1$ equal to around Rs 82-84. India's larger economy and higher foreign direct investment support its currency. Pakistan's higher foreign debt and dependence on imports put pressure on its currency.
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