The rupee finished at a record low of 298.93 against the US dollar in last week.
Experts believe the surge in USD was witnessed following a deadlock over the IMF deal and ongoing political unrest in the country.
Following the delay in the revival of $6.5 billion International Monetary Fund (IMF) bailout programme, Pakistan is now looking towards friendly countries for more funding.
The staff-level agreement between International Monetary Fund and Pakistan is being delayed from February 9.
The current loan programme with the IMF will end on June 30, 2023, and Pakistan is now ‘considering’ a new IMF programme on renewed conditions, it was learnt.