Google Search glitch has shown a significant drop in US dollar value compared to the Pakistani rupee.
The unexpected drop in the US dollar rate to Rs186.73 surprised and bewildered many, especially since the local currency had not experienced a significant rebound recently.
It was learned that the drastic drop in currency exchange rates was due to a technical problem with the search engine on the website, causing the rates to plunge.
In the interbank market on June 6 (Tuesday), the Pakistani rupee closed at 286.56 against the US dollar, while it remained above Rs300 in the open market. After the glitch was caught, it was fixed with the rates going back to Rs286.72.
This is not the first time this glitch has taken over the world’s largest search engine and had happened multiple times in the past with users noticing a massive decline in the dollar rates.
In July last year, the rates crashed to Rs207.10, which was in contrast to the rates issued by the State Bank of Pakistan. According to the central bank, the rupee closed at 236.02 against the US dollar in the interbank market.
