Published On: Mon, Aug 24th, 2015

Dollar Heads 17-month Highest Against Rupee


KARACHI: US Dollar has gained 17-months highest value against Pakistani rupee.

The US Dollar is now worth Rs. 104 in Rupee-Dollar parity and according to the dealers, foreign payment have increase the demand of dollar in the market so the rupee is weakening respectively.

By an increase of 2.03 rupees,Dollar has touched  Rs .104 mark today.

According to the money exchange experts, this trend will continue and in the upcoming days and US dollar can gain more value as compare to Pakistani rupee.

It is pertinent to mention that since a slight improvement in the country’s economy, Pakistani rupee was stable against dollar for past few months.

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