Forex News
Pakistan rupee hits record low vs dollar
2023.08.22 03:46
© Reuters. FILE PHOTO: A currency trader counts Pakistani Rupee notes as he prepares an exchange of U.S dollars in Islamabad, Pakistan December 11, 2017. REUTERS/Caren Firouz/File Photo
KARACHI, Pakistan (Reuters) – fell 0.6% in the interbank market to a record low of 299 against the dollar on Tuesday, traders said.
The rupee has continue to decline as the country’s caretaker government struggles to stabilise the crisis-ridden economy.
Its previous record low was 298.93, which was hit on May 11.
