Karachi: The declining trend of rupee continued on Wednesday as the currency dropped to a new all-time low of Rs224.92 against the US dollar. The fall in rupee in the interbank market occurred due to renewed political volatility. The rupee nosedived by a whopping Rs2.99, or 1.30%, in a single day to hit an all-time low at Rs224.92 surpassing the last historic low of 221.99 recorded a day earlier.
