Pakistani rupee continued to depreciate steeply against the United States (US) dollar in the interbank market, hitting a new all-time low of Rs287.90. According to forex dealers, the rupee depreciated Rs2.86 against the US dollar to trade at 287.90 in the interbank market at 2:00 pm. In the open market, the greenback was trading at Rs291.

Leave a Reply

Your email address will not be published.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

You May Also Like

Govt likely to present budget next week

Karachi: Assuming record high markup cost due to high interest rate, the…

Pakistan’s current account in surplus

Pakistan’s current account posted a surplus of $654 million in March after…

Oil prices skyrockets to the highest of history

London: On Jan 18, it was reported that Benchmark oil prices soared…