Gold crosses 200,00-mark as rupee falls further.

KARACHI/ISLAMABAD -- The rupee continued to depreciate steeply in the interbank market on Friday, closing at Rs262.6 per dollar, down Rs7.17 or 2.73 per cent from yester day's close, according to the State Bank of Pakistan (SBP). The local currency's value decreased by Rs24.54 to a record low of Rs255.43 in the interbank on Thursday, the largest single-day depreciation in both absolute and percentage terms since the new exchange rate system was introduced in 1999.Separately, the PKR was changing hands at Rs269 per dollar in the...

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