KARACHI: Despite assurance of the new governor of the central bank that there would be no free float, the rupee fell to a new record low on Wednesday as the US dollar hit an all-time high of Rs163 in interbank trading. The day saw a decline of 3.8 per cent in the value of the rupee against the dollar. It …
Read More »Runaway dollar confounds money market
June 27, 2019