The open market witnessed the dollar’s value hitting 300 rupees.
Karachi: The US dollar hit an all-time high against Pakistani rupee, setting a new record in the interbank market on Monday.
The rupee set an all-time low and broke through the 300-rupee barrier, rising to a record high of 302 rupees amid the economic collapse and political unrest.
Interbank closing #ExchangeRate for todayhttps://t.co/WpF9PYlRM9#SBPExchangeRate pic.twitter.com/hOkqhsgiiG
— SBP (@StateBank_Pak) August 28, 2023
The open market witnessed the dollar’s value hitting 300 rupees.
The rupee's continued devaluation is shown by the higher rise in the value of the dollar, which creates a difficult mood for the coming week.
According to currency dealers, the dollar surged by 0.75 paisas to reach a startling 301.75 rupees at the beginning of the new business week, continuing the greenback's upward trajectory against the Pakistani rupee.
The rupee consistently weakened over the preceding week, suffering losses in each of the five trading sessions, and ultimately falling to an unheard-of low of 301 against the US dollar.
The 10 most read stories on Future Perfect in 2025
- 14 گھنٹے قبل
Apple fined $116 million over app privacy prompts
- 7 گھنٹے قبل
Field Marshal Asim Munir attends Christmas ceremony, extends greetings to Christian community.
- 4 گھنٹے قبل
Dometic makes a better portable water faucet
- 7 گھنٹے قبل
Security forces killed 8 Indian backed terrorists during operations in the Kalat.
- 6 گھنٹے قبل
DI Khan:Security forces conduct successful operation; two Khwarij killed, including a highly wanted terrorist.
- 2 گھنٹے قبل
Metcalf suspended two games for fan altercation
- 15 گھنٹے قبل
Govt committed to progress, prosperity of minorities: Pm Shebaz
- 7 گھنٹے قبل
Chiefs agree to deal to move to Kansas in 2031
- 15 گھنٹے قبل
Christmas: President, PM extend greetings to Christian community
- 6 گھنٹے قبل
The year the government broke
- 7 گھنٹے قبل
Civil, military leadership renew pledge to follow Quaid’s vision
- 6 گھنٹے قبل
