The Pakistani rupee continued to lose value on Wednesday after breaking all previous records, falling to Rs226 after losing 4.1 against the US dollar in the interbank market.
In the afternoon interbank session on Tuesday, the Pakistani rupee also reached an all-time low versus the dollar, falling to 224, before finishing at 221.99.
After the rupee declined by Rs6.80 on June 26, 2019, it experienced its greatest day-to-day depreciation on that day. In the meantime, the KSE-100 index on the Pakistan Stock Exchange had a downward trend, dropping 248 points to 40,140 points.
Mahnur is MS(development Studies)Student at NUST University, completed BS Hons in Eng Literature. Content Writer, Policy analyst, Climate Change specialist, Teacher, HR Recruiter.
