The Indian rupee slumped to a new record low of 77.81 against the US dollar on Thursday on persistent selling by foreign institutional investors in the equities markets amid a surge in crude oil prices and rising inflationary pressure. At the interbank foreign exchange market, the partially convertible rupee slumped […]
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Pakistani rupee nosedives to all-time low of 202.83 against US dollar
The Pakistani rupee on Tuesday surpassed all prior records against the US dollar after shedding sheds Rs 2.77, or 1.37 per cent, against the US dollar in the interbank market. It plummeted to an all-time low of 202.83 against the US dollar in the interbank market as demand increased due […]
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Pakistani rupee stands at 200 against US dollar, maintains downturn in market
While the local currency of Pakistan continues to be on the slippery ground, the Pakistani rupee touched a critical low of 200 in the open market against the US dollar on Wednesday. The rupee was trading at a new all-time low at Rs 197.25 at 10:23 am against the greenback, […]