According to media sources, the Pakistani rupee sank to yet another record low on Wednesday, hitting a new all-time low of Rs182.71 versus the US dollar in the inter-bank market, setting a new all-time low.
In the interbank market, the value of the greenback has increased by 39 paisa, according to forex traders, and is presently trading at Rs182.71 (US dollar).
The value of the US dollar in relation to the local currency is currently Rs183.20 on the open market.
When it came to interbank currency rates on Tuesday, the domestic unit ended up at Rs182.34 to the dollar.
According to analysts, the rupee is under pressure due to political unrest in the country and uncertainty around the seventh review of the $6 billion International Monetary Fund (IMF) loan programme, which is scheduled for November.
