Tag Archives: Dollar reaches new high

The US dollar continued its upward march on Monday as it rose above Rs210 against the local currency during early morning trade in the interbank market. According to the Forex Association of Pakistan (FAP), the rupee depreciated sharply by Rs2.45 to close at an all-time low of Rs210.2 against the dollar from Friday’s close of Rs207.75. In the open market …

The rupee continued to lose ground against the US dollar on Thursday, as the greenback reached an all-time high of Rs192 in the interbank market. According to the Forex Association of Pakistan, the dollar breached the 191-mark at the day’s start and soared to Rs192.20 around 11:45am, appreciating by Rs2 from the previous day’s close of 190.20 — the record high value …