After a further decline, the Pakistani rupee lost ground versus the US dollar on the fourth business day of the week.
Details reveal that the local currency lost 81 paisa against the dollar, which closed at 221.49. The rupee had a Wednesday closing value of Rs220.68, according to data from Pakistan’s central bank.
Nevertheless, the rupee has collectively appreciated by Rs18.43 from its record low of Rs239.94 against the dollar, despite the recent loss.