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Home Business & Stock

Pakistani rupee depreciates further against dollar in interbank

MM News Staff by MM News Staff
July 27, 2022
Reading Time: 1 min read

KARACHI: The dollar continues to soar high against the Pakistani rupee and the value of the dollar is not slowing down due to political instability.

According to the details, the increase in the value of the dollar and the devaluation of the rupee continues. The dollar became more expensive by Rs3.7 paise in interbank. According to the Forex Dealers Association, the dollar is trading at a new historical high of 236 rupees.

It should be remembered that the dollar closed at 232 rupees 93 paisa last day also by 3 rupees 5 paise. On the other hand, a bearish trend was seen in the Hundred Index at the start of business in the Pakistan Stock Exchange.

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