Pakistani rupee's crash mode continues, setting new record low against USD

ISLAMABAD, Aug. 28 (Xinhua) -- The Pakistani rupee persists in a crash mode against the U.S. dollar, setting a new record low, as the greenback was traded at 302 rupees in the interbank market on Monday, according to the State Bank of Pakistan (SBP).

The U.S. dollar closed at the then-record low of 301 rupees on Friday. On the first session of the week, the local currency depreciated by 1 rupee against the U.S.