Tag Archives: Rupee continues downward trend

The rupee, which has been declining for nearly a week, fell by Rs2.76 against the dollar in the interbank market on Friday. The PKR closed at Rs228.18 per dollar, depreciating 1.21 per cent from yesterday’s close. Mettis Global Director Saad bin Naseer said he exchange rate was under pressure because of payments and a demand-and-supply gap. He added that the …

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