KARACHI: The Pakistani rupee hit its second record low against the dollar in two days on Friday, touching 87.92 on increased import payments and pessimism about the country's economic outlook before firming to 87.75/78 at the close.
The rupee had ended Thursday's session at 87.61/66 after hitting its previous record low of 87.82.
"The rupee traded at 87.92 per dollar and there were import payments amounting to around $200 million," said a currency dealer at a foreign bank.
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