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Thursday, November 14, 2024

Home Business PKR nears record low in interbank

PKR nears record low in interbank

by News desk
September 22, 2022
in Business

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The PKR neared an all-time low against the dollar on Wednesday after falling 74 paise in the interbank market.

The local currency closed at Rs239.65 per dollar — a depreciation of 0.31 per cent from yesterday’s close of Rs238.91. The rupee had reached a record low of 239.94 per dollar on July 28.

The Pakistani currency has lost about 26pc value against the USD during the current calendar year (CY22).