{"id":352282,"date":"2023-08-29T08:00:46","date_gmt":"2023-08-29T03:00:46","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=352282"},"modified":"2023-08-29T08:00:46","modified_gmt":"2023-08-29T03:00:46","slug":"us-dollar-climbs-to-new-record-high-against-pakistani-rupee","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/us-dollar-climbs-to-new-record-high-against-pakistani-rupee\/","title":{"rendered":"US dollar climbs to new record high against Pakistani rupee"},"content":{"rendered":"<p>KARACHI: The Pakistani rupee\u2019s pathetic run against the US dollar seemed not ending as the greenback soared to another historic high in interbank trading on Monday. According to the State Bank of Pakistan, the Pakistani rupee depreciated by another rupee against the US dollar and ended the day at another historic low of Rs302. On Friday last also, the Pakistani rupee had hit a new record low against the US dollar, as it settled at RS301 in the interbank market. At close, the rupee had settled at Rs301 after a decrease of 78 paisas or 0.26%. In a key development, Caretaker Federal Minister for Commerce and Industries Dr Gohar Ejaz had stressed the need for early operationalization of the EXIM Bank for enhancing Pakistan\u2019s exports. The enhancement of exports is critical as Pakistan struggles with low foreign exchange reserves.<br \/>\nThe central-bank held foreign exchange reserves decreased by $125 million on a weekly basis, clocking in at $7.93 billion as of August 18, on account of debt repayments, data released on Thursday last showed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI: The Pakistani rupee\u2019s pathetic run against the US dollar seemed not ending as the greenback soared to another historic high in interbank trading on Monday. According to the State Bank of Pakistan, the Pakistani rupee depreciated by another rupee against the US dollar and ended the day at another historic low of Rs302. On [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-352282","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>US dollar climbs to new record high against Pakistani rupee<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/us-dollar-climbs-to-new-record-high-against-pakistani-rupee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US dollar climbs to new record high against Pakistani rupee\" \/>\n<meta property=\"og:description\" content=\"KARACHI: The Pakistani rupee\u2019s pathetic run against the US dollar seemed not ending as the greenback soared to another historic high in interbank trading on Monday. According to the State Bank of Pakistan, the Pakistani rupee depreciated by another rupee against the US dollar and ended the day at another historic low of Rs302. 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According to the State Bank of Pakistan, the Pakistani rupee depreciated by another rupee against the US dollar and ended the day at another historic low of Rs302. 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