The Pakistani rupee's losses continued on Thursday as the currency closed at a record low of Rs239.94 against the dollar in the interbank market, reports DAWN.
According to the Forex Association of Pakistan (FAP), the rupee lost 4.48, or 1.89 per cent, compared to the previous day's close of 236.02 by 12:03pm.
Consequently, the rupee was trading at 240.5 against the greenback.
The rupee closed at 239.94, down 3.92, or 1.63pc, according o the State Bank of Pakistan (SBP).
Exchange Companies Association of Pakistan General Secretary Zafar Paracha laid the blame squarely on the country's political situation and the government's lack of action.
