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Dollar Rises To New Height After Uptick Of Rs 7.50 In Open Market

Karachi: The US dollar on Friday reached to a new height against the rupees.

At the day’s close, the rupee plunged to Rs276.58, according to the State Bank of Pakistan (SBP), after losing Rs5.22 or 1.89% of its value in inter-bank market.

Meanwhile, the local currency closed at 283 in the open market after an uptick of Rs 7.50.