Indian rupee vs Pakistani rupee: Has INR really weakened against Pakistan’s currency? Here’s what the shocking 10-year data reveals
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Indian rupee weakens against dollar, Pakistan rupee and Asian currencies amid global pressure, import concerns and foreign outflows, raising worries over inflation and economy stability.
Indian Rupee Falls To Record Low
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The Indian rupee weakened sharply against the US dollar and touched a record low of 96.38 in early trade. Rising crude oil prices, Middle East tensions and global market uncertainty increased pressure on the Indian currency. The rupee has fallen more than 5% since the Iran conflict began earlier this year.
Has Rupee Fallen Against Pakistan Too?
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Social media claims suggested that the Indian rupee also weakened against Pakistan’s currency (PKR). Recent data shows that over the past one year, the Indian rupee has slipped against the Pakistani rupee. In 2024, 1 INR was worth around 3.34 PKR, but by May 2026 it declined to nearly 2.89 PKR.
Long-Term Data Shows India Still Stronger
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Despite recent weakness, long-term trends show the Indian rupee remains much stronger than Pakistan’s currency. In 2016, 1 Indian rupee was equal to 1.56 Pakistani rupees. The value later climbed above 3 PKR during 2023-24 due to Pakistan’s economic crisis, inflation and falling forex reserves.
Why Is The Rupee Falling?
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Experts say expensive crude oil imports, a strong US dollar, foreign investor outflows and geopolitical tensions are hurting the rupee. Since India imports large amounts of oil, higher global prices increase demand for dollars, putting additional pressure on the Indian currency.
Rupee Among Asia’s Weakest Performing Currencies
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