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Pakistani rupee plunges to historic low of Rs173 against US Dollar

After gaining Rs1.82, the dollar has reached its historic high against the rupee at Rs173, the forex dealers said.

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Pakistani rupee plunges to a new historic low of Rs173 against the US Dollar on Monday.

The greenback gained a hefty Rs1.82 by noon against the Pakistani currency in the inter-bank trading,

The rupee was being traded at Rs173 against the dollar at 12:37 pm compared to the previous session’s close.

The Pakistani rupee was closed at Rs171.18 when the trading closed on Friday evening.

The sudden surge in the dollar’s value is being regarded as a concerning matter.

 

the authorSaman Siddiqui
Saman Siddiqui, A freelance journalist with a Master’s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.