The US dollar suffered heavy loss against the greenback and was currently exchanging hands at Rs299, depreciated by Rs1.87 paisas.
This was the second time the rupee has crumbled to historic low of Rs299 after June.
On Monday, the Pakistani rupee remained under pressure against the US dollar, as it settled at Rs297.13 in the interbank.
Experts of the view that the week had commenced with pressure on the rupee and predicted that a similar situation would persist in the near future. They blamed losses in currency markets on “mafias of speculation and manipulation”.
