Dollar scales new height, hits Rs169.6

KARACHI: Amid a strong demand for dollars from panicky importers, the local currency could not put up any resistance and plunged to an all-time low at Rs169.60 against the greenback in the interbank market on Monday. Currency dealers said the interbank market was full of speculative reports and observations which hit the exchange rate negatively bringing the rupee under massive pressure. Meanwhile, in the open … Continue reading Dollar scales new height, hits Rs169.6