On Thursday, The Pakistani currency saw a sharp decline of Rs.3.39, falling to a record low of Rs.189.51 against the US dollar in intraday trading on the interbank market amid political unrest.
The national currency had closed at Rs186.13 against the dollar on Wednesday.
Authorities said the rupee had fallen more than 190 rupees on the open market as only a nominal amount of foreign currency is available for private individuals to purchase.
Specialists said that the uncertain domestic political situation increases the pressure on the rupee.
Furthermore, the central bank refrained from intervening in the market to rescue the declining rupee.
