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Dollar Reaches to New High Level of Rs. 131 in Open Market

Karachi (July 23, 2018): US dollar has reached to rs. 131, being the newest high level of all time.

Over the past few months, price of US dollar continued to increase and is crossing record high levels on the daily basis.The US dollar continues to increase and gained Rs0.30 further against Pakistani rupee on Monday. After which dollar is being offered at the rate of Rs. 131 in the open market.Previously in March, the US dollar shot up by Rs 4.93 in the inter-bank market to hit a high of Rs 115.5 before coming down to Rs 115 at the close of business.

Since December, the rupee has depreciated by about 14 per cent.

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