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  • PKR plunges to all-time low against US dollar

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    PKR plunges to historic low of 300 against US dollar File Photo PKR plunges to historic low of 300 against US dollar

    The Pakistani rupee continued to remain under historic pressure against the American dollar, as it lost further value on Thursday morning.

    At the start of trading on Thursday, the greenback gained a further 36 paisas and reached the historic Rs300 milestone in the interbank market also.

    In the open market, the US currency had crossed a triple century a few days ago already.

    In just two weeks, the dollar has gained a magnanimous Rs13 in the interbank market.

    On Wednesday, the US dollar had maintained its historic high rate in the Pakistani currency market. Wednesday’s trading session had opened with a further rise in the mighty currency.

    Currency dealers said the dollar returned after marking a triple century.