Pakistani rupee picks up crash mode against USD, touching record low


  • World
  • Wednesday, 06 Sep 2023

ISLAMABAD, Sept. 5 (Xinhua) -- The Pakistani rupee again picked up a crash mode against the U.S. dollar, hitting another record low as the greenback was traded at 307.10 rupees in the interbank market on Tuesday, according to the State Bank of Pakistan.

The U.S. dollar closed at the then-record low of 305.64 rupees on Monday. On the second session of the week, the local currency depreciated by 1.46 rupees, or about 0.48 percent, against the U.S. dollar, official figures showed.

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