US dollar adds up more value against Pakistani rupee
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The US dollar ended the day at Rs219.41.
On Wednesday, the greenback ended the day at 218.38, up by 72 paisas.
The ongoing political uncertainty is another factor that keeps dragging the local currency down.
The sky-high inflation in the country, rising trade deficit, and falling foreign exchange reserves are putting extreme pressure on the local currency.
The IMF tranche which is expected to reach Pakistan by the end-month is likely to give a much-needed boost to our economy and revive confidence in the value of the Pakistani rupee.
Reporter Ashraf Khan