Dollar soars to a record high in inter bank market

Dollar soars to a record high in inter bank market

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Dollar has soared to Rs149 in inter bank,  a new record high.

According to sources, the greenback gained by another Rs2.48 in the interbank market to reach the latest peak. It is currently being bought for Rs147 in the interbank market.

The U.S. dollar reportedly reached Rs147 in the open market, and was at Rs146.25 in the open market two days ago, before it bounced back to Rs144 the same day.

On speaking to the sources, President Forex Association of Pakistan Malik Bostan has said that until the foreign exchange reserves situation improves, there is no chance of the dollar coming down.

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