Karachi: On Dec 28, the Pakistani rupee continued to slide against the US dollar with a fresh decline of 0.01% because of constant supply-side pressure. The local currency closed at Rs.178.19 against the greenback in the interbank market and surpassed Monday’s record low of Rs.178.17. This happened due to increased demand from the importers and a lack of adequate supplies.

Leave a Reply

Your email address will not be published.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

You May Also Like

Pakistan achieves 6% GDP growth: Economic Survey 2021-22

Islamabad: On Thursday, the incumbent government reflected upon the performance of the…

Atif Mian criticizes PTI’s economic policies

On Sunday, renowned Pakistani-American economist Atif Mian said that Imran Khan inherited…

PSX closes 400 points in green amid FATF optimism

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index closed 410.60 points in…

UAE clarifies circular regarding vaccine certificate

The Embassy of the United Arab Emirates in Pakistan clarified its notification…