Karachi: The Pakistani rupee plunged to a new low on Thursday while proceeding with its downward spiral against the US dollar. Data released by the State Bank of Pakistan (SBP) showed that the local unit closed at a historic low of 239.94 against the US dollar — surpassing its last day low of 236.02 after devaluing by Rs3.92, or Rs1.63% today.

Leave a Reply

Your email address will not be published.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

You May Also Like

Pakistan signs free trade deal with GCC

Pakistan and Gulf Cooperation Council (GCC) “initialized” a free trade agreement, the…

Rupee surpases 245 against Dollar

Karachi: The Pakistani rupee fell to a record low against the US…

World food prices hit record high in 2022

As per the reports, world food prices dropped for a ninth month…

Govt decides to introduce new gas tariff

The caretaker government has decided to introduce a new gas tariff for…