December 22, 2024
Business

PKR is losing ground to the US Dollar in interbank

PKR is losing ground to the US Dollar in interbank

KARACHI: On the opening day of the week’s activity, the Pakistani rupee weakened against the US dollar and saw a new decline.

Details show that the rupee fell by 11 paisas versus the dollar, which currently trades for roughly Rs217.65.

The Pakistan Stock Exchange, on the other hand, experienced a drop. The KSE-100 index reached a high of 42,849 points after the market opened the day with a fall of 243 points.

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