US dollar nearing its all-time high value after gaining Rs1.09 in the interbank on Tuesday.
\nDuring interbank trading on Tuesday morning, a single dollar was being traded for as high as Rs239.
\nOn Monday afternoon, at the close of trading in the interbank, the rupee had closed at Rs237.91. But on Tuesday, the rupee lost another Rs1.09.
\nThe US dollar attained an all-time high value of Rs239.94 on July 28 earlier this year.
\nIn the past 13 days, the rupee has lost around Rs20 in value.
\nIn the open currency market, the dollar continued to behave as per black market rules with its value exceeding Rs246.
\nPakistan\u2019s external debt has increased by Rs2 trillion as a result of the increase in the value of the dollar.
\nAccording to the currency dealers, food imports of $1 billion have caused a boost in the demand for dollars.
\nEven the IMF program\u2019s restoration was unable to lower the value of the dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"
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