- Rupee shed 0.03% in the interbank market against the US dollar.
- Pakistan’s foreign currency reserves have hit their lowest level of the current fiscal year.
- The currency market is eying the outcome of negotiations with the IMF.
KARACHI: In line with the prevailing trend during the week, the Pakistani currency lost 0.03% against the US dollar on the last trading day of the week.
The local currency dropped to an all-time low of Rs181.78 against the greenback compared to its last close of Rs181.73 against the US currency a day earlier.
The Pakistani rupee has depreciated by 15.38% (or Rs24.24) since the start of the current fiscal year on July 1, 2021, data released by the central bank revealed.