No way. How is it possible? Is it true? Has dollar really fell this much in the space of few hours, really? These were some of the questions which hit us when we saw the dollar rate late Tuesday night on Google.
It happened in the late hours of Tuesday night. The real reason behind it is that a bug was found in the system of a financial services company which is named as Morningstar.
And all major search engines seek their exchange rates. That is why; Google was showing a false exchange rate. Even Bing was on the wrong side.
However, when other exchange websites such as Bloomberg and XE were checked at that same time, they were showing the right exchange rate that was 139.38.
When Google started to show the decreased exchange rate of US Dollar, we were instantly hit with mixed views. I got to know about this when someone shared a screenshot of Google showing the 1 US Dollar equivalent to 76.25 Pakistani rupee.
What a pleasant and unbelievable surprise for us. Memes started to flow like anything. So many interesting reviews came up.
Some people were making fun of Pakistani Rupee’s unexpected rise in the wake of the fallen dollar while others were mimicking the Pakistanis over such good news.
Some people were labeling it as a New Year gift while others simply said, this was a prank by Google. Some even went to the extent to call google ‘drunk’ and ‘high.’
But whatever the case, it was one hell of a night with mixed views and some happiness and to be honest, a little worrisome scenario for the traders. Thank god it was for few hours only.