The Pakistani rupee resumed its slide against the US dollar on Thursday, hitting an all-time low in the interbank market, surpassing 191.

The local currency finished at Rs191.77 against the greenback in the interbank market, down Rs1.7 (or 0.91 percent) from Wednesday’s record low of Rs188.66.

The local currency has continued to fall, confirming analysts’ projections that the country will suffer further losses in the future due to political and economic uncertainty.

 

Leave a Reply

Your email address will not be published.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

You May Also Like

Hezbollah school pupils attend rally for Gaza’s children

In Beirut, hundreds of pupils from Hezbollah’s Al Mahdi school gathered in…

ملک بھر میں مثبت کیسز کی شرح میں کمی

پاکستان میں کورونا سے گزشتہ 24 گھنٹوں کے دوران مزید42 افراد جاں…

Sri Lanka arrests three suspected of plot to attack Israeli tourists

Police in Sri Lanka have arrested three people on suspicion of planning…

Eight killed in morning strikes in Gaza city

Israeli strikes killed at least eight people across Gaza city on Thursday…