Pakistan’s Economic Crisis: Pakistani rupee plunges to all-time low against US dollar
Zee News
The Pakistani rupee slumped to an all-time low against the US dollar on Tuesday.
New Delhi: In yet another setback for Pakistan’s already troubled economy, the Pakistani rupee slumped to an all-time low against the US dollar on Tuesday in the interbank market.
The value of the greenback surged by 82 paisa in early trade and currently trading at Rs 188.35 in the interbank market, hitting an all-time high, reported ARY News.
According to forex dealers, the exchange rate remained under pressure as the US dollar continued its upward spiral against the local currency.
The forex dealers have further shared that the greenback is being sold above Rs 189 in the open market.
The US dollar on the other day closed at Rs 187.53 in the interbank market, reported ARY News.
