Pakistan Rupee declined today.
Today the dollar has reached the highest level in the history of Pakistan۔
PKR. 280 = USD 01 only
The Pakistani rupee has experienced decline because of a delay in the IMF deal with Pakistan.
Karachi- On Thursday, Pakistani
rupee faced a significant failure in the interbank market, dropping by PKR. 18.89
against the US dollar, as per the local forex dealers. According to their
report, the local currency was trading at an all-time high of PKR. 285 against
the USD. In the open market, the greenback was being traded at PKR. 290, added
the forex dealers. The previous day, it is worthy of noting that the local
currency had closed at PKR. 266.11 in the interbank market. This steep fall has
raised concerns among traders and investors, who are closely watching the
situation detailed reports of a delay while the dealing with IMF.
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