KARACHI: Owing to the strengthening US dollar in global markets and uncertainty triggered by a no-confidence motion against Prime Minister Imran, the Pakistani rupee on Tuesday maintained its record-breaking downward streak, as it depreciated beyond Rs182.34 against the greenback for the first time in history.
Analysts believe the rupee is facing double pressure as it is losing ground due to the challenges in the national economy owning to political crisis coupled with the appreciation of the US dollar against world currencies.
