Karachi: The Pakistani rupee’s downfall against the US dollar continued for the fifth consecutive session on Thursday. The local currency closed at 225.42 after losing 2 in the interbank market, down in value from the previous session’s close of 223.42. According to the State Bank of Pakistan (SBP), the rupee has cumulatively lost around 6.82 against the dollar since this week’s trade began.

Leave a Reply

Your email address will not be published.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

You May Also Like

FIA arrested counter-terrorism wing officers for demanding bribery

FIA arrested counter-terrorism wing officers for demanding bribery to releasing the suspect.…

Gold rate drops by Rs. 4,000 per tola

Karachi: The gold price in Pakistan continued its downward trajectory in line…

Pakistan inks deal with Azerbaijan for LNG supply at ‘cheaper price

Pakistan issued two tenders seeking spot liquefied natural gas (LNG) cargoes for…

Pakistan to regulate exports of donkey hides to China

Pakistan has decided to ‘regulate’ the exports of various goods to China…