#Dollar reaches all-time high of Rs316
#LAHORE (MNP) – The #USdollar appreciated against the Pakistani #rupee to the record level on Monday while touching Rs316 in the #openmarket, as the #country is experiencing a plethora of #economic challenges.
When this report was being filed around 1:30 pm, the dollar had gained another 45 paisa. However, the #interbank exchange rate was recorded at Rs285.60, which translates into a 45-pasia depreciation in the rupee.
The interbank exchange rate had closed at Rs285.15 on Friday – the last working day of the week – after it gained 0.21 per cent, or 59 paisa, against the US dollar.
