KARACHI: The Pakistani rupee continued to fall for the 14th consecutive session on Wednesday and hit a new historic low against the US dollar amid a shortage of the greenback in the country.
The rupee has been one of the worst performing currencies in the emerging markets and has fallen by nearly 9% so far this month owing to wide-ranging factors.
In the interbank market during intraday trade, the rupee plunged to 240 after losing 1.09, according to Investing.com, down in value from the previous session’s close of 238.91.