Pakistani rupee declines against US dollar as market remains edgy over interim setup
The Pakistani rupee on Wednesday failed to show any spine against the US dollar as it declined by 19 paisas in the interbank trading,
As per the data provided by money dealers, the local unit could not gain the conbest wigs sex toys for sale women’s human hair wigs nfl jersey sales green bay packers jersey make a custom jersey nike air max 270 mens sale nfl san francisco 49ers sex toys for men cheap wigs for sale custom uniforms custom baseball jerseys sex toy store adidas running shoes new nike air max fidence of the market as the US dollar edged up and started trading at Rs288.10, up by 19 paisas in the interbank.
Yesterday, the Pakistani rupee depreciated by 48 paisas against the US dollar in the interbank session as the currency was closed at Rs287.91.
The decline in the local unit could be attributed to the market’s reaction which seems to be edgy over the upcoming transition to a new interim setup.
As Prime Minister Shehbaz Sharif is all set to dissolve the National Assembly today, the money dealers and traders seem apprehensive regarding their investments.
Yesterday, the stock exchange registered a substantial decline as the benchmark KSE-100 went down by a colossal 956 points, marking one of the most substantial drops in percentage terms since January 17, 2023.