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Dollar reaches new peak of Rs 305 in open market

Karachi: The high fly of the US dollar is continued on first day of new week as it reached Rs 305 after an uptick of Rs 4 in the open market.

As per Exchange Companies Association (ECA) the greenback has reached a new highest level of Rs 305 after an increase of Rs 4 in open market.

Last day of week on Friday, the US currency had closed at Rs 301.

On the other hand, the dollar turned expensive by Rs 2. 18 in the inter-bank market. As forex dealers association the dollar is trading at Rs 288 in the inter bank market.

On Friday the US currency had closed at Rs 285.82.