Dollar Skyrockets Hits Record High at Rs 326 in Open Market

Rs 326 in Open Market
Source: File Photo

KARACHI: The dollar continues to appreciate against the rupee, with the dollar taking a leap to touch a new high of Rs 326 in open market on Friday.

READ: Pakistan has increased the tax on credit and debit cards abroad by 400%

On the last day of the business week, the dollar fell by 07 paise to Rs 305 46 paise in the interbank market, but later the downward trend continued and by noon it was down by 27 paise to Rs 305 80 paise.

READ:State Bank fines 6 banks Rs 35 crore for violation of rules

Meanwhile, in the open market, the dollar jumped again today and rose by Rs 3 to hit a high of Rs 326 in Open Market.

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On the other hand, Pakistan Stock Exchange opened with a bear market and the KSE 100 index fell by 14 points to 44988 points. Later, by the end of the first session, the PSX 100 index rose by 23 points to the level of 45026 points.

READ: The pressure on the rupee continues, the dollar is more expensive, the stock market is booming



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