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US dollar hits Rs147, external debts shoot to record at $106 billion
Karachi (Dunya News) – The value of the US dollar against the rupee touched another all-time high for the second consecutive day, reaching approximately Rs147 after gaining Rs5.60 against the rupee in the open market with speculation rife in the forex market that the rupee may slide further.Experts believe that the sudden devaluation of local currency against the US dollar and the greenback hitting an all-time high of Rs147 is interlinked with the government’s commitments to the IMF.According to currency dealers, dollar was trading at Rs147 in the open market, whereas in the interbank market it remained stable around Rs147.
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US dollar hits Rs147, external debts shoot to record at $106 billion
Karachi (Dunya News) – The value of the US dollar against the rupee touched another all-time high for the second consecutive day, reaching approximately Rs147 after gaining Rs5.60 against the rupee in the open market with speculation rife in the forex market that the r...
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