A technical glitch on Google search showed a significant drop in the value of the US dollar against the Pakistani rupee late on Tuesday night.
The unexpected fall in the US dollar rate to Rs 186.73 surprised and shocked many, especially since the local currency had not experienced any notable recovery recently.
It was found that the drastic drop in the currency exchange rate was due to a technical glitch in the search engine on the website, which caused the rates to drop.
On June 6 (Tuesday), the Pakistani rupee closed at 286.56 against the US dollar in the interbank market, while it remained above Rs 300 in the open market.
After the error was caught, it settled back down to Rs 286.72.
This was not the first time that this error has hit the world’s largest search engine and it has happened several times in the past when users saw a sharp drop in dollar value.
In July last year, the rates fell to Rs 207.10, which was against the rates issued by the State Bank of Pakistan. According to the central bank, the rupee closed at 236.02 against the US dollar in the interbank market.
Some Twitter users also pointed out a bug in the search engine.
One tweet read: “Last night, the dollar crashed on Google.”
“Don’t worry it’s just Google’s fault,” tweeted another.
One Twitter user thought Google had “gone crazy.” He also mentioned the rates of rupees along with UAE dirhams.