PKR slips to Rs164 against dollar in midday trading

PKR slips to Rs164 against dollar in midday trading

KARACHI: The Pak Rupee (PKR) slipped to Rs164 against the dollar in midday trading o Tuesday.

The rupee shed 33 paisas against the dollar from previous day’s closing during intraday trading in interbank foreign exchange market.

The local currency hits the lowest against the dollar since October 2020.

Currency dealers said that pressure of external payments deteriorated the rupee value.

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