Rupee Pakistan declined to the lowest point of all time against the US dollar on Tuesday at the interbank market.
The Greenback value jumped by 82 Paisa in early trading and is currently trading in Rupee 188.35 in the interbank market, reaching the highest level of all time, reporting Ary News.
According to the Forex dealer, the exchange rate remains under pressure because the US dollar continues the spiral up to the local currency.
Forex dealers have further shared that Greenback is sold on Rupee 189 in the Open Market.
The US dollar on another day was closed at Rupee 187.53 in the interbank market, reporting Ary News.
According to experts, the soaring dollar has destroyed economic trust based in Rupees and its stakeholders.
Meanwhile, the foreign exchange reserves of the Pakistani State Bank (SBP) fell by USD 328 million to USD 10.558 billion during the week ended on April 23, the data released by the central bank showed that Ary News reported.
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