PKR touches mark of 240 in intraday trade
MG News | July 28, 2022 at 01:22 PM GMT+05:00
July 28, 2022 (MLN): Owing to the dismal macros i.e, deteriorating current account balance, melting foreign exchange reserves, and chaos amongst importers, the Pakistani rupee (PKR) finally hit the mark of 240 per US dollar in the intraday trade, losing over four rupees compared to the previous close of PKR 236.02 per USD.
The local unit was quoted at 239.85/240.85 at around 1:20 pm in interbank market while in the open market, PKR is being traded at 242/244 per USD.
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