KARACHI— The Pakistani rupee (PKR) keeps going down, and its value against the US dollar has just hit a new all-time low.
Details show that the dollar was being traded for 210.25 PKR, which was 1.5 rupees more than the last close, which was 208.75 per USD.
Experts say that the local currency is falling because the economy is uncertain, the IMF is taking too long to send a tranche, and the current account deficit is growing.
