Rupee Slips Low Against the US Dollar
Rupee Slips Low Against the US Dollar

The Pakistani Rupee (PKR) slid to a new all-time low against the US Dollar on Thursday. It lost 17 paisas against the dollar to close at 170.66 after posting an intra-day low nearing 171.

It broke yesterday’s record low of 170.48, which was the first time ever that rupee closed the day at over 170 against the US Dollar.

Market research company, Capital Stakes, noted that the PKR has lost 2.57 percent during the month of September.

In contrast, the PKR appreciated 76 paisas against the Euro, Rs. 1.10 against the Pound Sterling (GBP), 17 paisas against the Canadian Dollar (CAD), and 55 paisas against the Australian Dollar (AUD).

Meanwhile, it lost 5 paisas each against the Saudi Riyal (SAR) and the United Arab Emirates Dirham (AED).

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