Source: Chron
KARACHI, Pakistan — Pakistan’s currency edged toward an all-time low against the U.S. dollar Thursday amid anxiety about the new government’s ability to contain inflation as well as budget and trade deficits swollen by rising oil prices.
Since late February, the rupee has fallen about 8 percent against the dollar, which was trading at 67.15 […]

[Read more →]

Source: Reuters

 The Pakistan rupee fell 1 percent to a record closing low on Monday and dealers said it could fall further this week on dollar buying by oil importers and concern that capital outflows will result from a falling stock market.
The rupee ended at a record low close of 65.76/81 to the dollar, having fallen […]

[Read more →]