Dollar Reaches 17-Month High At Rs104 Against Rupee

KARACHI (Web Work area) – The Pakistani rupee tumbled to its 17-month low against the US dollar with securities exchanges in Asia tumbling including the Karachi Stock Trade (KSE). 
The dollar ascended by Rs2.03 in the interbank exchanging at Rs104 against the rupee. 


A representative for the State Bank of Pakistan (SBP) said they were observing the exchanging of the dollar, saying that that money merchants have been advised to bring down the deal and buy of dollars.