Pakistani rupee sinks to new record low against US dollar. Business

us dollar pakistani rupee shed

KARACHI: The Pakistani rupee continued to lose ground the United States (US) dollar in the interbank market for the 10th straight session, ARY News reported.

According to forex dealers, the value of the greenback surged by 32 paisa and currently trading at Rs182.10 in the interbank market, hitting an all-time high.

In the open market, the US dollar is trading at Rs182.70 against the rupee.

The domestic unit ended at Rs181.78 to the dollar in the interbank market on last working day (Friday).

Experts say political chaos in the country and uncertainty surrounding the seventh review of the $6 billion International Monetary Fund (IMF) loan programme are keeping the rupee under pressure.

Also Read: Imran Khan says timely actions bring down current account deficit



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