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Dollar soars against rupee in interbank market

by Pakistan News
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KARACHI: Dollar recorded a surge of Rs1.58 against the Pakistani rupee in the interbank market during the intraday trade on Wednesday.

According to Geo News, the local currency was traded at 209.50 to a dollar today — the first trading session after five Eid holidays. It ended at 207.91 on Thursday.

Meanwhile, in the open market, the dollar was traded at Rs211.

The rupee-dollar parity has been buffeted by concerns of a delay in the revival of the IMF loan programme. 

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