Pakistani Rupee’s free fall continues

Pakistani Rupee’s free fall continues

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.

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