Dollar soars past Rs205 mark in interbank market

By Muhammad JuniadPublished On 06 Jan 2023
dollar-soars-past-rs205-mark-in-interbank-market

The US dollar’s unabated hawkish trend continued on Tuesday in the interbank market against the Pakistani rupee. It reached an all-time high of the Rs205 mark during the intra-day trading session.

Subsequently, the local currency is being traded at Rs205.50 after recording a decrease of Rs1.64.

A day earlier, the greenback rose by Rs1.5 or 0.74% to close at Rs203.86.