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Pakistan rupee hits record low vs dollar

2023-08-22 15:48
KARACHI, Pakistan Pakistan's rupee fell 0.6% in the interbank market to a record low of 299 against the
Pakistan rupee hits record low vs dollar

KARACHI, Pakistan Pakistan's rupee fell 0.6% in the interbank market to a record low of 299 against the dollar on Tuesday, traders said.

The rupee has continue to decline as the country's caretaker government struggles to stabilise the crisis-ridden economy.

Its previous record low was 298.93, which was hit on May 11.

(Reporting by Ariba Shahid in Karachi; Editing by Jacqueline Wong and Edwina Gibbs)