KARACHI: The prevailing political crisis in Pakistan has affected the local currency as the rupee touched an all-time low value against the greenback. During intraday trading in the interbank market, the dollar reached Rs186.06.
Similarly, in the open market, the dollar was being sold at Rs187.85. Economic experts termed political chaos the primary reason for the increasing dollar rate. Karachi Chamber of Commerce has asked the State Bank of Pakistan to take notice of the weakening local currency as it would fuel inflation in the country.