KARACHI – Pakistani rupee witnessed a marginal loss against the US dollar,depreciating 0.14percent during the early hours of trading in theinter-bank market on Monday.
During the intra-day trading, the local currency hovered at 284.20, adecrease of Rs0.41 against the USD.
Last week, PKR registered a marginal drop against the greenback,depreciating by 0.05 percent in the interbank market.
All eyes are on the Pakistan-IMF deal as Finance Minister Ishaq Dar saidtechnical-level discussions with the global lender are over while thegovernment is making all-out efforts to salvage crucial funds.
Read Top Stories
Amid economic uncertainty, forex reserves held by the country’s centralbank plunged by $354 million, hovering at $4.2 billion as of March 24.
