{"id":12016,"date":"2021-10-18T08:24:13","date_gmt":"2021-10-18T08:24:13","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=12016"},"modified":"2021-10-18T08:24:14","modified_gmt":"2021-10-18T08:24:14","slug":"pakistani-rupee-hits-all-time-low","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2021\/10\/18\/pakistani-rupee-hits-all-time-low\/","title":{"rendered":"Pakistani rupee hits all-time low"},"content":{"rendered":"\n<p>KARACHI: The US dollar continued to soar against the Pakistani rupee, reaching a new historic high during intra-day trading in the inter-bank market on Tuesday.<\/p>\n\n\n\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3242863103090386\"\n     crossorigin=\"anonymous\"><\/script>\n<!-- Between post ad -->\n<ins class=\"adsbygoogle\"\n     style=\"display:block\"\n     data-ad-client=\"ca-pub-3242863103090386\"\n     data-ad-slot=\"4402460118\"\n     data-ad-format=\"auto\"\n     data-full-width-responsive=\"true\"><\/ins>\n<script>\n     (adsbygoogle = window.adsbygoogle || []).push({});\n<\/script>\n\n\n\n<p>The Pakistani rupee continued to weaken, shedding an additional 82 paisas against the US dollar, which was being traded at Rs173 in the during intra-day trading in the inter-bank market.<\/p>\n\n\n\n<p>Last week, speaking at the launch of the Kisan Portal, Prime Minister Imran Khan had said that the pressure on the Pakistani rupee is temporary and will be over soon.<\/p>\n\n\n\n<p>Economists say that the main reason for the rise in the value of the dollar and the depreciation of the rupee is Pakistan&#8217;s current account deficit and IMF&#8217;s demand for further devaluation of the rupee.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI: The US dollar continued to soar against the Pakistani rupee, reaching a new historic<\/p>\n","protected":false},"author":1,"featured_media":12018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[2,19],"tags":[],"class_list":["post-12016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-pakistan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - 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According to the State Bank of Pakistan (SBP), the local unit closed at Rs152.62 against the greenback, registering depreciation of 32 paisas over the previous\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"pakistani-rupee-weakens-against-the-us-dollar-rapidnews","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2021\/05\/pakistani-rupee-weakens-against-the-us-dollar-rapidnews-e1621256191542.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":7669,"url":"https:\/\/dailyrapidnews.com\/eng\/2021\/03\/28\/weekly-currency-update-pakistani-rupee-to-hold-steady\/","url_meta":{"origin":12016,"position":1},"title":"Weekly currency update: Pakistani rupee to hold steady","date":"March 28, 2021","format":false,"excerpt":"In the hope of financial assistance commitments made from multilateral institutions to help boost the country\u2019s foreign exchange reserves, experts expect the Pakistani rupee to appreciate slightly in the coming weeks. 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