A big blow to the Pakistani Rupee against US dollar

A big blow to the Pakistani Rupee against US dollar

*KARACHI: The Pakistani rupee continued to decline against the US dollar inthe interbank market amid ongoing political crisis that erupted withNational Assembly deputy speaker deeming the no-confidence resolutionagainst Prime Minister Imran Khan “unconstitutional”.*

According to forex dealers, the US dollar on Tuesday reached an all-timehigh against the rupee, soaring to Rs185.40 in the interbank market duringintraday trading.

The rupee depreciated by Rs1.31 against the dollar in interbank marketlink.

The domestic currency also lost ground in the open market and trading atover 185 against the greenback.