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Rupee hits record low of 300 against US dollar

Business Aug, 24 2023
Rupee hits record low of 300 against US dollar
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KARACHI: The US dollar ascended to a record high against the Pakistani rupee on Thursday as it traded at the historic low of Rs300.37 during morning trade in the interbank market.

According to the Forex Association of Pakistan, the greenback was changing hands in the interbank market at Rs300.4 at 11:50 am.

In the open market, the USD was being traded at Rs315, they said.

Yesterday, the dollar closed at Rs299.64, according to daily data released by the State Bank of Pakistan.
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