Tag Archives: Rupee lost one-fourth of its value in outgoing year

KARACHI: Amid high exchange rate volatility, the local currency lost more than one-fourth of its total value during 2018 with rupee’s slide worsening during the second half of the year. On Monday — last day of the year — dollar traded at Rs139 compared to Rs110.64 on Jan 3 translating into dollar’s appreciation of 25.6 per cent. During the outgoing …

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