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PKR hits historic low in opposition to US greenback in interbank market

by News Updater
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The Pakistani rupee continued its downward spiral unabated for the 14th consecutive session on Wednesday and hit an all-time low of Rs240 in opposition to the US greenback within the interbank market amid floods and a scarcity of dollar within the nation.

The rupee has been one of many worst performing currencies within the rising markets and has fallen by practically 9% thus far this month owing to wide-ranging components.
Within the interbank market throughout intraday commerce, the rupee plunged to 240 after shedding 1.09.



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