ISLAMABAD: The Pakistani rupee (PKR) has once again lost a lot of value. During early trade, the rupee lost 1.07 rupees.
Compared to the last time the market closed, when the dollar was worth 186.63, it was worth about 187.7.
Poor macroeconomics and a delay in the IMF tranche have put PKR in a bad spot.
Since April 15, the value of the rupee has gone down by Rs 6.15 per dollar.
At the same time, the KSE-100 index on the Pakistan Stock Exchange (PSX) fell by 833 points, bringing the index down to 44006 points.
