Over the past weekend, there has been a new Google Pagerank update that lasted over a period of 4 days. Many websites (including ours) experienced a drop in their homepage's pagerank and were left wondering why.

It seems like Google has been lowering lots of websites' pagrank in their last few PR updates which includes many of the authority sites too. However, now the question is: Does a drop in pagerank affects your website's rankings in search engine results?