![]() This time as well, the software bug made it appear that Pakistan's currency had also collapsed," he said. They would often argue that they were cheated by the banks or money exchanges by not giving them the low rates shown by Google. But the Pakistanis will not agree to the explanation provided by the staff at the exchanges. "Indians or other nationals will understand the situation when the reasons for the technical glitch were explained to them. "It would be a harrowing time for the staff at the exchange offices or banks when the Google search engine develops glitches in currency conversion," he said. Akin Raj Antony, senior supervisor of temporarily closed UAE Exchange office at terminal 3 of Dubai airport, said the currency conversion rate of Pakistani rupee used to go haywire and this would often happen at midnight. Obviously, the short-term plunge led the Covid-hit Indian expats in the UAE to rush to exchanges and banks for confirmation. According to Google data, which reflects real-time money exchange rate provided by US-based financial services firm Morningstar, the rate fluctuated between Rs 23 and Rs 24.83 against one dirham, before stabilising at Rs 19.98. ![]() ![]() Even when the conversion rate plunged, the Indian rupee was at 73.48 against the US dollar and no exchange or bank reflected the plunge in the rate of rupee against dirham. However, the joy didn't last long as the Indian rupee which briefly plunged to about Rs 24.8 against the UAE dirham later stabilised to Rs 19.98 about an hour later. ![]()
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