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Rupee continues to take battering at hands of dollar

News Desk by News Desk
June 17, 2022
in Business, Featured, Latest News, National, Top News
Reading Time: 1 min read
Foreign reserves of Pakistan dropped to $12.04 billion
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KARACHI: The US dollar continues to weaken the Pakistan rupee as the former is now trading at over Rs208 in the interbank market. Rupee has been on a slide against the US dollar.

According to the economic experts, the confusion regarding the revival of the bailout programme by the International Monetary Funds combined with fast-depleting foreign reserves has exacerbated the situation.

Dollar has gained 80 paisa compared to the yesterday’s rise of Rs1.45 on Thursday and Rs1.30 on Wednesday.

News Desk

News Desk

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