Dollar crosses Rs300 mark in open market.

ISLAMABAD -- Pakistani rupee has touched all: time low 298.9 against US dollar in interbank following uncertainty on political as well as economic fronts, which would further fuel the inflation rate and increase the volume of public debt of the country. The ongoing political turmoil in the wake of clashes that broke out in the country following the arrests of PTI Chairman Imran Khan has put pressure on the local currency, which is already depreciating from the last one year. The rupee has lost its value by Rs8.71 or three percent only on Thursday bringing the US dollar value to Rs298.9, according to the latest data of State Bank of Pakistan. On the other hand, the US dollar for the first time has crossed Rs300 and reached to Rs301 against the local currency. The local currency is under pressure from the last couple of days. US Dollar thrashed Pakistani rupee in the interbank trading and reached Rs290 on Wednesday which was the all: time high in the trading history of the greenback...

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