KARACHI – Pakistani rupee comes under pressure against the US dollar, as it moved down by 0.7 percent during the early hours of trading in the inter-bank market on Wednesday.
During the intra-day trading, the local currency dropped by Rs2.01, and was being quoted at 277.45.
On Tuesday, PKR made a surprising comeback against the greenback, moving over Rs11 in light of an agreement signed with the International Monetary Fund (IMF).
More to follow…