The higher US interest rates and a cautious risk appetite among foreign investors are also resulting in continuous pressure on the Indian Rupee. Experts believed that the rupee's weakness is being reinforced by deteriorating trade fundamentals.
Noting that capital budget outlays have not come down, Finance Minister Nirmala Sitharaman on Tuesday said that the government is using almost the entire borrowed resources for financing effective capital expenditure.
Islamabad [Pakistan], December 7 (ANI): The Pakistani rupee's value against the US dollar has fallen by 30.5 per cent during the Imran Khan government's tenure, reported local media.