Business
Value of dollar gaining new high against Pakistani rupee
The dollar remains at the historical level of Rs316 in the open market.
Karachi: The US dollar continues to appreciate against Pakistani rupee in the country on second business day (Tuesday).
According to currency dealers, on the second day of the business week, dollar became more expensive by Rs0.75 in interbank market settling at Rs302.75.
On the other hand, the dollar remains at the historical level of Rs316 in the open market.
It is pertinent to note that in just two weeks of caretaker government, the dollar has become expensive by Rs13 in the interbank market, while it has become expensive by Rs20 in the open market.
Pakistan Stock Exchange (PSE) still has bearish trend today, Hundred Index depreciated by 185 points to settle at 47,293 points.