Dollar rises to Rs181.15 in interbank market

KARACHI: During the early trading on Monday, the dollar rose to a new all-time high value of Rs181.15 against the Pakistani rupee in the interbank market. In the open market, the dollar hit the Rs182.10 mark.

The rupee remained under pressure due to the delay in International Monetary Fund (IMF) tranche and the prevailing political crisis in the country. Earlier, the economists expected that decline in the current account deficit would encourage investors and help strengthen the rupee.

Meanwhile, the oil prices also hiked in the international market by $3. The Brent Oil increased by $3.44 to $111.37 per barrel.

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