'Political uncertainty' sees PKR hit new low, close at Rs215.2 in interbank

'Political uncertainty' sees PKR hit new low, close at Rs215.2 in interbank

The dollar continued its relentless upward march against the rupee on Monday with the greenback gaining Rs4.25 in interbank trade.

According to the Forex Association of Pakistan, the dollar was trading at a record Rs216 against the local currency at 3:12 pm, up Rs5, or 2.4 per cent, from Friday's close of Rs210.95.

The dollar eventually closed at Rs215.2, with the local currency depreciating 1.97pc, according to data shared by the State Bank of Pakistan (SBP).

 

Retrieved from: https://www.dawn.com/news/1700340/political-uncertainty-sees-pkr-hit-new-low-close-at-rs2152-in-interbank 

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