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Home Budget

Rupee crosses 194 level in the interbank as unchanged petroleum prices raises concerns over IMF program

Rupee crosses 194 level in the interbank as unchanged petroleum prices raises concerns over IMF program

admin-augaf by admin-augaf
May 16, 2022
in Budget, Business, Finance, International, National
Reading Time: 1 min read
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Rupee crosses 194 level in the interbank as unchanged petroleum prices raises concerns over IMF program
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Karachi May 16 2022: Pakistan rupee continue its slide against the dollar in the interbank over uncertainty of IMF program as Government decided not to increase petroleum prices, which is against the conditions of the IMF.

The Rupee drops 0.9% or 1.6 to trade at 194.1 in today’s trading.

On Friday Rupee closes at all-time high of Rs192.53 in the interbank market.


admin-augaf

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