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Your email address will not be published.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

LPG prices jump by nearly Rs. 3/kg

Islamabad: The Oil & Gas Regulatory Authority (OGRA) increased the prices of…

Govt lifts ban on import of luxury items

On August 18, Finance Minister Miftah Ismail announced that the government was…

Suez Canal traffic disrupted after oil tanker engine breaks down

An oil tanker caused a temporary disruption of traffic in Egypt’s Suez…

China’s Yuan ousts dollar to become most traded currency

The Moscow Exchange trading volume in Chinese yuan surpassed that of the…