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.

Snapchat is rolling out AI-powered video lenses
- 18 hours ago

Former reality TV star wins longest-ever Iditarod
- 15 hours ago

100 acres of land allocated for Danish University: PM
- 16 hours ago

The man whose tweets helped kill DEI
- 40 minutes ago
Lashkar-i-Islam founder Mufti Munir Shakir killed, 3 others injured in Peshawar blast
- 9 hours ago

Laptop charged in few minutes with solar energy introduced
- 17 hours ago
No change in prices of petroleum products
- 3 hours ago

Pakistan wins Davis Cup Juniors 2025 title
- 10 hours ago

PM urges int’l community, HR organisations to raise awareness on religious intolerance against Muslims
- 12 hours ago
Security forces neutralise nine terrorists in separate IBOs in KP: ISPR
- 12 hours ago

Moft’s new origami case elevates the iPad for improved ergonomics
- 18 hours ago
Police book singer Naseebo Lal's husband in domestic violence case
- 14 hours ago