KARACHI, Pakistan – Pakistan’s rupee has jumped above 188 to the dollar because of political unrest and the prediction that economic growth will fall to 4%, which has caused the value to rise.
The dollar was trading at 188 cents, down from the previous day’s closing of 186.13 cents.
PKR depreciated by 97 paisas in the first hour of trade.
Since March 8, when a motion of no-confidence in Prime Minister Imran Khan was put forward, the PKR has lost more than Rs10 worth of value.
