Pakistan

Greenback reaches historic high of Rs173.5 in interbank trade

The US dollar continued its rising trend against Pakistan rupee on Wednesday, reaching a record high of Rs173.50 after appreciating by 55 paisas in interbank trade.

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The Forex Association of Pakistan (AFP) said the buying rate of the greenback was recorded at Rs173.4 and the selling rate at Rs173.50 in the interbank market by the session's end.

The dollar's buying rate in the open market was recorded at Rs173.80 and the selling rate at Rs174.20 at around 4:15 pm, data by the AFP showed.

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