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Tag Archives: Rupee slumps to record low

Rupee slumps to record low, nears 300 vs dollar


August 23, 2023

KARACHI: The rupee slid 0.63 per cent to a record low of Rs299 against the dollar in the interbank market on Tuesday, exten­ding losses for the third session, the State Bank of Pakistan data showed. However, market sources said the dollar was trading higher than the official rate. The rupee logged its previous record low of 298.93 on May 11, …

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