Over the past four years, the CHR has spent more than P4.6 million to maintain and repair 23 outmoded and fully depreciated
motor vehicles in its inventory.
The finance minister's statement came after the rupee depreciated
1.8% - or Rs2.55 toRs141.39 - to the US dollar in the past four weeks.
Since December last year, the currency has cumulatively depreciated
by 36 per cent and had closed trading at Rs133.99 on Thursday in the inter-bank market.
ISLAMABAD -- Former prime minister Shahid Khaqan Abbasi has said that the value of rupee has depreciated
to the lowest point in history.
The rupee depreciated
to Rs134 on November 19, 2018 and since then it has maintained this level.
Among the 12 currencies in the study, the rupee emerged as the weakest, having depreciated
11.7 per cent against the greenback as of September 4 this year.
DOF: Countries with most depreciated
currencies are among the fastest growing !-- -- (philstar.com) - September 11, 2018 - 10:33pm MANILA, Philippines The countries whose currenciesperform the worst are among the fastest growing economies, the Department of Finance said Tuesday, as the Philippine peso continues to flirt with the P54-per-dollar level.
The Philippine peso has depreciated
against the US dollar by about 7 percent in 2018.
In his presentation to the Lower House - part of the inter-agency Development Budget Development Committee's briefing -- he said the peso has depreciated
18.44 percent against the US dollar between July 30, 2013 and July 30, 2018.
The Naira on Friday depreciated
against the dollar at the parallel market in Lagos.
dollar, as measured by the Federal Reserve Boards trade-weighted major currencies index, depreciated
District Court for the District of Nebraska certified the following question to the Nebraska Supreme Court: "May an insurer, in determining the 'actual cash value' of a covered loss, depreciate the cost of labor when the terms 'actual cash value' and 'depreciation' are not defined in the policy and the policy does not explicitly state that labor costs will be depreciated
Previously, when Government depreciated
the rupee by 5%, Foreign buyers demanded discounts for new orders due to devaluation and took 50% of advantage from the exporters.
The local currency has depreciated
by 10.7pc against the Indian rupee in the calendar year 2017.
In January-November 2017, the official exchange rate of the dollar against som depreciated
by 1.7%, the euro by 0.6% and the Uzbek sum by 32.2%, according to the National Statistics Committee of Kyrgyzstan.