News > Pakistani rupee hits new low against US dollar amid political instability

Pakistani rupee hits new low against US dollar amid political instability

Amid the ongoing political crisis in the country, the Pakistani rupee (PKR) continued to decline against the US dollar in the interbank market.

According to experts, political instability in the country amid controversy regarding the dismissal of the no-trust motion against Imran Khan and uncertainty surrounding the seventh review of the USD 6 billion International Monetary Fund (IMF) are the reasons for this continuous decline.