Business Pakistan

Dollar hits all-time high of Rs212 in interbank Market

KARACHI: The US dollar continued its flight against the rupee on Tuesday, all-time high of Rs212 in interbank Market.

The downward slide of the Pakistani rupee (PKR) continues as the currency has touched a fresh all-time low against the US dollar.

As per experts, economic uncertainty, delay in IMF tranche and increasing current account deficit are behind the depreciation of the local currency. 

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