Karachi: On Friday, the Pakistani rupee’s free fall continued against the US dollar as the local unit remained under pressure in the interbank market due to wide-ranging factors. Following its week-long depreciation trend, the rupee closed at 220.6 against the dollar after losing 1.25 from yesterday’s close of 219.41.

Leave a Reply

Your email address will not be published.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

You May Also Like

Nepra slashes power tariff for Karachi consumers by Rs7.43

The National Electric Power Regulatory Authority (Nepra) held a hearing on Tuesday…

Pakistan to sign memorandum with EDB of Bahrain

In the second session of the Pakistan-Bahrain Joint Ministerial Commission, the board…

Industrialists announce strike on December 4

Karachi industrialists on Thursday announced a strike on December 4 against a…

Electricity supply to Upper Chitral from Feb 1st: Khurram Dastgir

Federal Minister for Energy and Power Khurram Dastgir on Sunday said, on…