Wednesday April 20, 2022

No Respite For Pakistani Rupee

KARACHI: There was no respite for the rupee as it lost further ground on Wednesday and fell below the 185-mark in the inter-bank market to close at 185.92 against the US dollar.

According to the State Bank of Pakistan (SBP), the local currency lost 0.80% (or Rs1.48) to close at Rs185.92 against the greenback in the interbank market as concerns over weak economic fundamentals weighed in on the sentiment.

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