Pakistani rupee continues to sustain heavy losses against dollar, hovers at all-time low of 272
KARACHI – Pakistani rupee plunged drastically to approach an all-time low, week after currency exchangers lifted a cap on the rupee-dollar rate.
On Monday, the greenback was being quoted at 272 during intra-day trading with a depreciation of Rs7.
Last week, the rupee witnessed massive depreciation against the USD, settling at 262.6 after a fall of Rs7.17 or 2.73 percent.
More to follow…
