Dollar reaches historic high of Rs202.2 in interbank

KARACHI (National Times) – The Pakistani rupee (PKR) continued taking a beat from the US dollar on Tuesday in early trade as it has lost around Rs2.14 compared.

The greenback was quoted around 202.20 against the local currency compared to Rs200.06 in the previous session close in the interbank market.

According to experts, the local unit is being pressurized by the delay in the IMF tranche. In addition, the State Bank of Pakistan (SBP) has not received $2.3 billion from China yet.



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