Rupee Free Fall Continues As Dollar Hits Rs239.5 In Interbank.

Amid the political uncertainty in the country the Pakistani rupee continued its free fall and dropped to a record low.

According to details, the greenback was being traded around Rs239.5 in interbank after appreciating by Rs3.48 compared to previous close of Rs236.02.

As per the economic experts, the downfall of Pakistani rupee against the US dollar is due to the political uncertainty in the country.

Political uncertainty has dragged the local unit to historic low against the foreign currency.

However, Moody's Investors Service and Fitch Ratings said they expect Pakistan to secure the $1.2 billion bailout from the International Monetary Fund (IMF), which may help ease...