The Pakistani Rupee (PKR) continued its historic decline against the US Dollar (USD) once again and depreciated by 64 paisas against the greenback in the interbank market today. It hit an intra-day low of Rs. 177.50 against the dollar during today’s open market session.
Today, the local currency depreciated by 0.36 percent against the USD and closed at an all-time low of Rs. 177.43, following its loss of 30 paisas to close at Rs. 176.79 in the interbank market on Tuesday, 7 December.
Editorial & Legal Practice Group
Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.
Advocates High Court & Tax Counsel
Jurisdiction: Pakistan