KARACHI – Pakistani rupee continued its negative trajectory against the US dollar, depreciating further during the opening hours of trading on the first working day of the week in the inter-bank market.
During the trading, the local currency was being traded at 286.40, moving down Rs0.58.
Last week, PKR faced back-to-back blows and it settled at 285.82 against the greenback in the interbank market.
Continued delay in staff-level agreements with International Monetary Fund (IMF), and political instability hampered the investor’s confidence.
Today s currency exchange rates in Pakistan – Dollar, Euro, Pound, Riyal rates on May 22, 2023
