Pakistani Rupee

Photo: Business Recorder

Pakistani Rupee Falls Against USD Amid High Inflation In Country

The Pakistani currency is expected to have continuous fall against the US dollar due to high inflation in the nation. The rupee remained unstable due to wide trade deficit caused by global oil prices imports. Depreciated by 0.69% during the week, the Pakistani rupee closed at low record of 177.71 against the dollar, on December 10. Besides, the local unit lost Rs 25.72 against USD in the past seven months.

Sun, 12 Dec 2021 - 02:04 PM / by Nehal Surana

Tags
Pakistan
Currency
US Dollar
Inflation
Trade defecit
Courtesy
ANI

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