PKR touches new historic low at Rs169.12 against dollar

PKR touches new historic low at Rs169.12 against dollar

KARACHI: The Pak Rupee (PKR) fell to make another historic low against the dollar in interbank foreign exchange market on Wednesday.

The rupee ended Rs169.12 to the dollar from the previous day’s closing of Rs168.94 in the interbank foreign exchange market.

The rupee made a historic low a day earlier at Rs168.94 to the dollar. But the local unit failed to stop depreciation in its value and fell to make a new low against the dollar at Rs169.12 on September 15, 2021.

Currency experts said that the market had witnessed higher dollar demand for import and corporate payments.

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