Karachi: Dollar rammed through Pakistan rupees on Thursday as it made triple century 300 in open market.
The US greenback reached Rs 300 mark after addition of Rs three.
On the other hand the US currency also saw uptick in inter-bank market as it turned Rs 298 after an increase of Rs 7. 78 paisa.
Secretary Exchange Companies Association (ECA)Zafar Paracha said that owing to political instability in the country the dollar price is increasing.
Zafar Paracha said that the price of dollar should not be increased in interbank market as it traded bank to bank while (letters of credit) LC’s are also not opening constantly these days.
He said that it seems that money making work is going on due to bad political situation in the country.
