Rupee crosses 211 per US dollar

- Business - June 21, 2022

Karachi: The Pakistani rupee remained highly volatile and continued its losing streak against the US dollar on Tuesday. It lost Rs2 in the interbank market despite Finance Minister Miftah Ismail assuring that the International Monetary Fund (IMF) program would be revived within the next two days. According to the State Bank of Pakistan (SBP), the US dollar closed at Rs211.48, after appreciating Rs2, or 0.72%, against Monday’s record high of Rs209.96.