KARACHI: Pakistani rupee continued to lose value against US dollar as it slipped to an all-time low against the greenback in the interbank market on Wednesday.

According to forex dealers, the exchange rate remained under pressure as the US dollar continued its upward spiral against the local currency and gained 80 paisa in intraday trading.

The value of the greenback surged by 80 paisa in early trade and currently trading at Rs202.21 in the interbank market, hitting an all-time high. US dollar in the open market is also trading at over Rs202, according to Forex dealers. The US dollar closed at 201.41 the other day.