Karachi: The Pakistani rupee on Thursday continued its downward trend against the US dollar. It has hit a new low of 226 in the interbank market despite the government’s affirmations of market stability in the coming days. The rupee fell to as low as 228 during the intraday trade, but it closed at 226.81, losing Rs1.89 or 0.83%, the data released by the State Bank of Pakistan (SBP) showed.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Dollar ascends to Rs209 in interbank trade

The dollar proceeded with its ascent against the Pakistani Rupee on Friday,…

Manish Malhotra uses “Parizaad’s” soundtrack in his latest campaign

It emerged on Monday that celebrated Indian designer Manish Malhotra’s latest campaign…

PSX gains on hopes of removal from FATF’s grey list

Karachi: The bulls dominated the trading at the Pakistan Stock Exchange (PSX)…

PTCL Appoints Matthew Willsher as President CEO

ISLAMABAD, Oct 18 (APP): The PTCL Board of Directors has appointed Matthew…