Federal Budget

Rupee hits historic low, closes at Rs224.92 against dollar in interbank

Rupee hits historic low, closes at Rs224.92 against dollar in interbank

Business

Rupee hits historic low, closes at Rs224.92 against dollar in interbank

KARACHI (Dunya News) - Amid the political uncertainty in the country due to PTI’s landslide triumph in make-or-break Punjab by-elections, the Pakistani rupee nosedived continued and dropped to a record low against the US dollar with the exchange rate sliding to Rs224.92 on Wednesday.

According to the State Bank of Pakistan (SBP), the rupee closed with a fall of RS2.93 or -1.30%.