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Pak rupee closed at its lowest level against US dollar since September 21, 2020

PKR has decreased 3.85 or 2.32 percent in August 2021

admin-augaf by admin-augaf
August 25, 2021
in Business
Reading Time: 1 min read
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PKR has decreased 3.85 or 2.32 percent in August 2021

PKR has decreased 3.85 or 2.32 percent in August 2021

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Karachi August 25, 2021: Pak rupee losses 1.08 rupees or 0.65 percent against US dollar on Wednesday and closed at 166.28 against Tuesday’s closing of PKR 165.20.

PKR closed at lowest level since September 21, 2020. The currency has weakened against US dollar due to rising pressure on external account. During last three months’ (May 2021 to July 2021) country has posted current account deficit of US dollar 3,042 million compared with a surplus of US dollar 791 million during same period of last year.


A L S O || R E A D

Govt raises PKR 634 billion through T-bills auction


Current account balance has turn in negative during July 2021 to US dollar 773 million compared with surplus of US dollar 583 million

PKR has made its low against US dollar of 168.44 on August 26, 2020.

Tags: PKRUSD
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