The Pakistani rupee took another big hit on Tuesday as the dollar surged to an all-time high of Rs200 in the open market, continuing its streak of new lows. It appears to be a fair statement that US$ flies highest ever.
The local currency plummeted to an intraday low of Rs197 against the US dollar during today’s open market session. Since the new government took office on April 11, 2022, the dollar has gained Rs9.06 against the PKR, and Rs12.81 since last week.
Interbank closing #ExchangeRate for todayhttps://t.co/V0LiF62fhX pic.twitter.com/gWAJw1uQ0y
— SBP (@StateBank_Pak) May 17, 2022
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