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Rupee about to touch 196 in the interbank as government remain indecisive over subsidy

Rupee about to touch 196 in the interbank as government remain indecisive over subsidy

admin-augafbyadmin-augaf
May 17, 2022
inBusiness, Finance, National
Reading Time: 1 min read
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Rupee about to touch 196 in the interbank as government remain indecisive over subsidy
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Karachi May 17 2022: Pakistan rupee continue its slide against the dollar in the interbank over uncertainty of IMF program as Government decided not to increase petroleum and electricity prices, which is against the conditions of the IMF.

The Rupee drops 0.8% or 1.5 to trade at 195.7 in today’s trading.

Yesterday, Rupee closes at all-time high of Rs194.18 in the interbank market.

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