Headline: 📉 Did USD/PKR Just Crash to 141? The Mystery Behind the "Flash Crash"

If you were watching the charts last night, you might have seen something impossible. On January 22 at roughly 10:30 PM, Google Finance displayed a massive drop in the USD to PKR exchange rate, showing it falling from ~279 all the way down to 141.92! 📉

​But was it real?

The short answer is: No, it was likely a glitch. 🚫

​Why did this happen?

This is known as a "Flash Crash" or a data feed error. Aggregators like Google and Morningstar pull data from various sources. Occasionally, a "bad tick" (an erroneous trade entry) or low liquidity during off-hours causes the algorithm to display a wildly incorrect price for a few minutes before correcting itself.

​Real interbank markets and exchanges were still trading around the 280 mark. Unfortunately, you couldn't actually buy cheap dollars at that rate! 💸

​Did you spot this glitch live? Let me know in the comments! 👇

​#USD #PKR #forex #crypto #Binance #MarketGlitch #FLASHCRASH