US Dollar gains ground against PKR
The local currency depreciated by 27 paisa.
KARACHI (CrediblePost) Pakistan’s rupee lost ground against the US dollar on third business day of the week and recorded a minor depreciation.
According to details, the local currency depreciated by 27 paisa against the greenback which was being traded around 220. The rupee had closed at Rs219.73 on Tuesday, according to Pakistan’s central bank data.
However, despite the fresh depreciation, the rupee has cumulatively recovered by Rs20.21 from its record low of Rs239.94 against the dollar.
