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The rupee declined 11 paise to 76.35 against the US dollar in the opening trade on Monday following a negative trend in domestic equities amid concerns over fresh foreign capital outflows.
The United States (US) dollar maintained its upward trend against the Pakistani rupee in the interbank market on Monday.
Petrol and diesel prices are likely to be hiked this week as oil companies prepare to pare losses after keeping them steady for over four months
The rupee on Monday plunged by 28 paise to hit its weakest level in eight weeks at 75.40 against the US dollar
Bond yields hit their highest levels in 18 months while rupee fell to its lowest level since July 2020 as rising oil prices may impact inflation