KARACHI: The US dollar’s rise against the Pakistani rupee shows no signs of abating, as it reached record highs in both the interbank and open markets on the second day of the business week Tuesday.
According to details, the dollar’s value rose by an additional 75 paisas in the interbank market, settling at an alarming 302.75 rupees. In the open market, the dollar remains at a historic high level of Rs316.
Within just two week-time, the US dollar appreciated by a staggering 13 rupees in the interbank market and 20 rupees in the open market.
On Monday, the rupee concluded the day at 302, an all-time low against the US dollar.
