Dollar breaches 207-mark in interbank market
The local currency posted fresh losses of 1.29 against the dollar and is being traded at Rs207.75 in the interbank market
By Web Desk
June 16, 2022
KARACHI: The Pakistani rupee on Thursday maintained its downward streak and dropped to an all-time low of Rs207.75 in the interbank market during the intraday trade, according to forex traders.
The local currency posted fresh losses of 1.29 against the dollar and is being traded at Rs207.75 in the interbank market.
A day earlier, the Pakistani rupee continued its downward slide against the US dollar as it depreciated over Rs1 in the interbank market during early morning trading.
According to the State Bank of Pakistan (SBP), the local currency shed Rs1.3 (or 0.63%) against the greenback to close at Rs206.46.
-
Bitcoin plummets toward $60,000 as investors dump risky bets -
Bitcoin crashes below $63K as regulatory pressure and market fears grow -
Bitwise Crypto Industry innovators ETF: What investors should do in 2026? -
Nintendo shares slide again as momentum fears grow -
Gold, silver prices fallen sharply; What’s driving the drop? -
Gold’s record climb: Experts question if its safety is ‘overstated’ -
Dubai unveils plans to construct street built with real gold -
Netflix slams Paramount’s bid: 'Doesn't pass sniff test’ as Warner battle escalates