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Depreciation of Pakistani rupee means that it has decreased in value as compared to another currency, let's say US$

For example:

Pak Rupee was equal to 83.66 in November 2009, & fell to 85.04 in December 2010. This shows that more units of Pk rupees would be needed to purchase US$

P.S. "Devaluation" also means decrease in the value of a currency, but by the monitory policy used by the government, where as, "depreciation"is the decrease in value due to market forces (demand and supply).

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14y ago

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