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Tag Archives: Rupee rout continues

Rupee rout continues, closes at 228 against dollar in interbank


July 22, 2022

The rupee continued to lose ground against the dollar on Friday, hitting yet another record low of Rs228 interbank trade as concerns remained over the exchange rate volatility and analysts called for the government and central bank’s intervention. According to the Forex Association of Pakistan (FAP), the rupee depreciated 75 paise — a slump of 0.33pc — against the previous day’s close …

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