dollar value
dollar value
EconomyHeadlinesPakistan

A record fall in the price of construction equipment after the depreciation of the dollar value.

As the dollar value lost its value compared to the Pakistani rupee, we’ve seen some big drops in the prices of various things like gasoline, cars, electronics, and gold, as well as construction materials.

For instance, the price of sulfur has gone down by 50 thousand per ton because the rupee’s value has gone up.

Traders are saying that when it costs less to make things, it can also mean lower prices for regular buyers. People haven’t felt much relief from their utility bills, but this could help.

This year, the prices for materials needed for construction have gone up a lot all over the country. This has made it really tough for the construction industry. Things like gravel and cement, which are used in building, have become really expensive.

People who work in construction say that because prices keep going up every day due to increasing dollar value, it’s become hard to plan a budget for building a house. The high cost of things like gravel, cement, concrete, and bricks is making construction contracts more expensive. Even in small towns, construction work isn’t what it used to be.

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