The rupee had closed at 92.14/19 on Monday, a record low at the time.—File Photo

KARACHI: The Pakistani rupee on Tuesday closed at a record low of 92.90/95, with sustained pressure on the currency because of increased import payments, especially for oil. The rupee had closed at 92.14/19 on Monday, a record low at the time.

Overnight rates in the interbank market rose to 11.50 per cent, from 10.75 per cent on Monday, because of decreased liquidity.

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Beyond headcounts
Updated 11 Jul, 2026

Beyond headcounts

WORLD Population Day has traditionally prompted discussions on population growth and fertility rates. This year’s...
Relying on remittances
11 Jul, 2026

Relying on remittances

NO matter how important workers’ remittances are, the record inflow of $41.6bn in FY26 should remind us of the...
Official passports
11 Jul, 2026

Official passports

OUR lawmakers’ sense of entitlement is jarring. Through a set of three laws, the MPAs of KP have quietly granted...
Balochistan carnage
Updated 10 Jul, 2026

Balochistan carnage

THE security situation in Balochistan remains alarming, with a recent uptick in terrorist violence resulting in a...
Misusing land
10 Jul, 2026

Misusing land

THE Federal Constitutional Court’s ruling that land acquired for a specific purpose cannot later be converted into...
India’s film ban
10 Jul, 2026

India’s film ban

IN India, creative boundaries are tight. Its far-right regime prefers facts fictionalised and communities demonised...