The Pakistani Rupee continued to fall against the US Dollar in the interbank market, despite the country’s lingering uncertainties.
The local currency fell by Rs1.73 due to negative macroeconomic indicators such as a greater import bill and a delay in the IMF tranche.
When compared to the previous day’s finish of 190.02, the dollar was trading around 191.75 cents.
In the meantime, the Pakistan Stock Exchange (PSX) saw a bearish trend, with the KSE-100 index falling almost 550 points in intraday trade to 42,293.