Posted inTech and Telecom
Rupee Weakens Against US Dollar
The Pakistani Rupee (PKR) again turned the tide in the interbank currency market and posted losses against the US Dollar (USD). On Monday, PKR fell by nearly 45 paisas against the greenback. Yesterday, it posted a gain of 14 paisas, but today, it posted a loss of 16 paisas. ALSO READ Remittances Continued to Stay Above $2 Billion for 14th Consecutive Month Today (11 August), the PKR traded between Rs. 163.55 to the USD and Rs. 164.25 to the USD before closing at Rs. 163.92 to the USD. This is a deterioration of 16 paisas compared to yesterday’s (10 August)…