Local currency drops by Rs1.46, hits record Rs304.50 in interbank trading
ISLAMABAD: As the currency exchange market faces a relentless surge, the US dollar maintains its steady climb, inflicting record-breaking blows to the Pakistani rupee.
Today in the morning, the American currency initiated the new trading session with a substantial 70 paisas surge in the interbank market, smashing previous records.
Against the local currency, it achieved an unprecedented value of Rs303.75. However, shortly after that, the rupee’s value plummeted by 95 paisas in the face of the powerful greenback, plummeting to a new record value of Rs304 in interbank trading, as reported by currency dealers.
The trend of the dollar’s unyielding ascent against the Pakistani rupee persisted on Tuesday as well, as it scaled new heights in both the interbank and open markets during the second business week day.
In the interbank market, the dollar’s value reached an all-time high of Rs303. Similarly, the open market witnessed the dollar trading at a historic level of Rs316.
Imran Khan’s Judicial Remand Extended To Sept 13 In The Cipher Case: Hearing Conducted In Attock Jail
Meanwhile, judge Abual Hasnat Zulqarnain issued the decision concerning the missing cipher. This cipher is a classified state document that Khan had displayed during a political gathering before his removal from office the previous year.
The Attock District Jail hosted the case hearing after receiving approval from the Law Ministry. The security reasons influenced the Interior Ministry to allow hearing of the case in jail.
