US dollar hammers Pakistani rupee, climbs to new historic high

By: News Desk
Published: 10:38 AM, 31 Mar, 2022
US dollar hammers Pakistani rupee, climbs to new historic high
Caption: Representational image.
Stay tunned with 24 News HD Android App
Get it on Google Play

The US dollar leapt forward on Thursday to an all-time historic high against the spineless Pakistani currency in the interbank trading, reported 24NewsHD TV channel.

The greenback started to take big strides as the business commenced, straight away shooting up by 84 paisas and smashing through the Rs183 barrier.

The US dollar ended the business at Rs183.48, a new historic high, after gaining 84 paisas.

On Wednesday, the US dollar ended the day at Rs182.64.

According to economic experts, the US dollar has gained over six rupees in value during the last four weeks.

They opined that the uncertain political situation prevailing in the country was the mains reason for the mounting pressure on the Pakistan rupee.

They feared negative impact of the rupee depreciation on the economy.

Reporter Ashraf Khan