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The Pakistani rupee on Tuesday surpassed all prior records against the US dollar after hitting a fresh record low of PKR 221 against the US dollar in the interbank market.
Quick depreciation of local currency draws sharp criticism from politicians and analysts express concern over economic fate of country
Analyst says banks buying dollars as financial markets "panic" following fears of govt change.
Get latest articles and stories on World at LatestLY. The Pakistani rupee on Tuesday surpassed all prior records against the US dollar after hitting a fresh record low of PKR 221 against the US dollar in the interbank market. World News | Pakistani Rupee Slumps Further to PKR 221 Against USD.
“Following by-polls, there’s uncertainty in market on whether federal government will continue,