Karachi: On Friday, the Pakistani rupee’s free fall continued against the US dollar as the local unit remained under pressure in the interbank market due to wide-ranging factors. Following its week-long depreciation trend, the rupee closed at 220.6 against the dollar after losing 1.25 from yesterday’s close of 219.41.

Leave a Reply

Your email address will not be published.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

You May Also Like

Pakistan repays $1 bln in Eurobonds

Pakistan has repaid $1 billion in Eurobonds as a scheduled payment ahead…

Apple expected to unveil Macs, more powerful chips

On Oct 18, Analysts anticipate that Apple Inc (AAPL.O) will unveil recent…

Vodafone, Three agree to merge

Mobile phone companies Vodafone and Three owner CK Hutchison Group announced an…

Foreign exchange reserves fall below $8bn

Karachi: According to the reports, country’s foreign exchange reserves held by the…