Dollar gains Rs.1.12 in interbank market, PSX recovers.

KARACHI -- The US dollar Tuesday gained Rs1.12 against the Pakistani rupee in the interbank market to trade at Rs157.70. The greenback has risen by Rs3.45 in two days, adding Rs345 billion to the country's debt. The Pakistan Stock Exchange (PSX) gained 401 points pushing the KSE-100 index to 37,460 points. A staggering sum of Rs170 billion was wiped off the market capitalisation at the PSX on Monday when the KSE100 index fell 1160.72 points and sank way below the 38,000-level at 37,058.95. The gold rate decreased by one percent in Karachi today as its price in the international market is $1,666 per ounce. Oil prices...

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