Karachi: Dollar price in the history of the inter-bank market has reached a new height of Rs 206.
The depreciation of Pakistani rupee against the dollar is continued, as per the forex dealer association the greenback appreciated by 84 paisa today after increase it stands at Rs 206.
In the first two days of the current week the dollar appreciation was big. The greenback appreciated by Rs 3 while at the end of the last week the dollar price was Rs 202, 35.
As per the experts, political instability, delay in getting a new tranche from the International Monetary Fund (IMF) and increasing trade deficit are cause of the increase in the dollar prices.