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2018: A volatile year for the dollar

The dollar may become more expensive if forex reserves are not increased

SAMAA | - Posted: Jan 1, 2019 | Last Updated: 3 years ago
SAMAA |
Posted: Jan 1, 2019 | Last Updated: 3 years ago

The dollar may become more expensive if forex reserves are not increased

youtubesrc=”https://www.youtube.com/embed/iuxvk_QVbxY”

The US dollar has been trading slightly above Rs139 against the rupee for more than two weeks, an indication that it has achieved stability while ending what was one of its most volatile years in terms of exchange rates.

However, experts say it may fall further if the government’s dollar reserves aren’t increased soon.

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