The Pakistani rupee fell 0.47% against the US dollar on Tuesday after days of continuing its upward momentum despite a delayed release of funds from the International Monetary Fund.
In intraday trading, the local currency traded at $261.15, down 1.23 rupees against the dollar.
On Monday, the Pakistani rupee rose for the fourth consecutive time to trade at 259.92 after gaining 0.03% against the surging dollar.
Most recently, the National Bank of Pakistan convened an emergency Monetary Policy Committee (MPC) meeting on March 2 to address emerging risks.
