Federal Budget

Dollar continues winning streak against PKR

Dollar continues winning streak against PKR

Business

The local currency depreciated by 79 paisa.

KARACHI (Dunya News) –The US dollar continues to gain ground against the Pakistani rupee on Wednesday after a fresh appreciation.

According to details, the local currency depreciated by 79 paisa against the greenback which was being traded around Rs220.5. The rupee had closed at Rs219.71 on Tuesday, according to Pakistan’s central bank data.

However, despite the depreciation, the rupee has cumulatively recovered by Rs19.44 from its record low of Rs239.94 against the dollar.